The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amlika Mercantile Pvt Ltd
Awaiting price reaction for this filing.
The BSE has received a disclosure under Regulation 29(1) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, filed by Amlika Mercantile Pvt Ltd, a promoter group entity of Nagarjuna Fertilizers and Chemicals. Regulation 29(1) disclosures are triggered when an entity acquires or disposes of shares that either crosses prescribed shareholding thresholds (5%, 10%, 14%, 54%, 74%) or changes its holding by more than 2% between successive filings. The public announcement does not specify the direction (acquisition or disposal), the number of shares, or the resulting change in percentage stake. Investors should refer to the detailed disclosure on the BSE/NSE portals for specifics.
Any significant change in promoter group holding — whether an increase or decrease — can signal a shift in promoter confidence or strategy. Shareholders should review the actual disclosure details to understand whether the promoter group is buying more of the company or reducing its stake.