The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Siddhi Power Ltd
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BSE has received a disclosure under Regulation 29(2) of the SEBI Takeover Regulations from Siddhi Power Ltd, a shareholder in Suncare Traders Ltd. This regulation applies when an acquirer who already holds 5% or more shares reports a change of 2% or more in their holding (acquisition or disposal). The filing relates to Siddhi Power Ltd's stake movement in Suncare Traders Ltd. However, the underlying disclosure document is not accessible as the BSE page has been moved or redirected, so details on the direction (buy or sell), number of shares, and exact change in percentage are not available.
Without access to the actual disclosure data, it is not possible to determine whether this is a positive or negative signal. Investors should check the BSE corporate announcements section directly to see if Siddhi Power Ltd increased or decreased its holding, and by how much.