The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shreekant Somany
SOMANYCERA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BSE has acknowledged receipt of a disclosure under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, filed by Shreekant Somany, who is likely a promoter or person acting in concert with the promoter group of Somany Ceramics Ltd. The actual disclosure document was not accessible (BSE page returned a not-found error), so the direction of the transaction (acquisition or disposal), number of shares, and percentage change in voting rights are not available. Reg 29(2) filings are typically triggered when a person's shareholding crosses the 5% threshold, changes by more than 2% in a quarter, or voting rights shift materially.
Investors should wait for the full disclosure details (buy/sell, quantity, pre- and post-holding percentage) before drawing any conclusion about the promoter's stance. A buying disclosure is generally positive, while a selling one may raise concerns about promoter confidence.