The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Masatya Technologies Pvt Ltd
Awaiting price reaction for this filing.
The BSE has received a disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Masatya Technologies Pvt Ltd in relation to Arur Footwear Ltd. This type of filing is triggered when an entity's shareholding or voting rights crosses or falls below specified thresholds (such as 5%, 10%, etc.) in a listed company. The announcement does not specify the direction (acquisition or disposal), the quantum of shares involved, or the resulting shareholding percentage. Without further details from the disclosure, the exact nature and size of the transaction cannot be determined from this headline alone.
This is a routine regulatory disclosure and may indicate a change in a significant shareholder's stake in Arur Footwear. Investors should look for the detailed disclosure to understand whether it is a buy or sell, the percentage change, and whether it signals any shift in control or promoter holding.