The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dhruvil Doshi
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Shalibhadra Finance Ltd has informed the BSE about a disclosure filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 by Dhruvil Doshi. This regulation requires any person who already holds more than 5% of the company's shares to disclose further purchases or sales that cross 2% of the total share capital. The filing signals a change in shareholding by an existing significant shareholder. The full details of the transaction — such as whether it was a buy or sell, number of shares, and the resulting holding — are not included in the headline and would need to be checked in the actual disclosure document on the BSE portal.
This is a routine regulatory disclosure rather than a major corporate event. Shareholders should review the attached disclosure to understand the direction (buy or sell), size of the transaction, and whether Dhruvil Doshi is approaching any trigger thresholds that could attract open-offer obligations under takeover rules.