Tara Chand InfraLogistic Solutions Limited has informed the Exchange regarding 'Disclosure pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011'.
TARACHAND · price
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Tara Chand InfraLogistic Solutions Limited has filed a regulatory disclosure with the exchange as required under Regulation 29(2) of SEBI's Takeover Regulations. This regulation mandates promoters and persons acting in concert to disclose details of their aggregate shareholding and any changes (typically exceeding 2% of share capital) in their stake in the company. The full details of the transaction — including the direction of the change (acquisition or disposal), the entity involved, and the quantum of shares — are not visible from the headline alone.
This is a routine compliance filing under takeover regulations. Until the specific details (buy or sell, size of change, and the promoter/person acting in concert involved) are reviewed, there is no immediate directional impact on the stock price. Investors should look for the detailed disclosure to assess whether promoter holding has shifted meaningfully.