The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raj Kumar
Awaiting price reaction for this filing.
The BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, filed by an individual named Raj Kumar. This regulation requires disclosure when an acquirer or person acting in concert crosses certain shareholding thresholds or changes their holding materially. The announcement does not specify whether the transaction involved buying, selling, or pledging of shares, nor does it mention the number of shares or percentage change. No further details on the nature, size, or intent of the transaction have been disclosed in the headline.
The lack of specifics in this filing means there is no immediate actionable information for shareholders. Investors should wait for the full disclosure details to understand whether this signals a change in promoter or substantial shareholder stance.