The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vipul Haridas Thakkar
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Silver Touch Technologies has submitted a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, filed by Mr. Vipul Haridas Thakkar, the company's Promoter and Managing Director. The disclosure, dated 9th June 2025, relates to a pledge-related transaction of equity shares carried out on market. The exact quantity of shares and the specific pledge action (creation, invocation, or release) are not clearly legible from the filing due to garbled text. Reg 29(2) disclosures are triggered when a promoter reports changes in shareholding or pledged shares that cross disclosure thresholds.
Pledge-related disclosures by the Managing Director warrant investor attention as they can indicate changes in the promoter's encumbered holdings. Shareholders should watch for follow-up filings or company clarifications to understand the nature and size of the transaction, which could influence short-term sentiment.