The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amit Jain & Hanish Jain
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Bombay Stock Exchange has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011, filed by Amit Jain and Hanish Jain. This regulation requires promoters and promoter group members to inform the exchange whenever their shareholding in the company changes. The filing indicates a stake change by two individuals who appear to be part of the promoter or promoter group of Shentracon Chemicals Ltd. The exact direction of the change (acquisition or disposal) and the quantum of shares involved are not specified in the headline. No details on price, percentage change, or post-transaction holding have been provided in the available information.
Since the headline does not specify whether this is a purchase or sale or the size of the transaction, the immediate impact on shareholders is unclear. Investors should look for the full disclosure to understand whether promoters are increasing or reducing their stake, which would signal their confidence level in the company.