The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Motilal Oswal Balanced Advantage Fund & Others
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BSE has acknowledged receiving a disclosure under Regulation 29(2) of the SEBI Takeover Regulations, 2011, filed by Motilal Oswal Balanced Advantage Fund and related entities. This regulation requires shareholders holding 5% or more to report acquisitions or disposals crossing 2% of share capital or voting rights. The actual filing details — including whether shares were bought or sold and the quantities involved — could not be retrieved, as the linked BSE page returned an error/moved notice. No transaction numbers, price, or direction (buy vs. sell) are available from the provided document.
The impact on shareholders is unclear until the full disclosure is reviewed. If the filing shows FII buying, it would signal institutional confidence; if it shows selling, it could indicate FII trimming. Investors should check the full disclosure on the BSE corporate announcements page for actual transaction details.