The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bazel International Ltd
Awaiting price reaction for this filing.
BSE has received a disclosure under Regulation 29(1) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011, filed by Bazel International Ltd in connection with Arur Footwear Ltd. This regulation requires entities to disclose changes in their shareholding when they cross specific thresholds. The filing has been submitted to the exchange, but the specific details of the transaction, such as the number of shares acquired or sold and the resulting shareholding percentage, are not provided in the headline.
Without further details on the quantum or direction of the shareholding change, the immediate impact on the stock or shareholders is unclear. Investors should look for the full disclosure from Bazel International Ltd to understand whether this represents a meaningful stake change in Arur Footwear Ltd.