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.
BSE has received a disclosure under Regulation 29(1) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011 from Masatya Technologies Pvt Ltd. This regulation requires shareholders holding 5% or more of voting rights to report changes in their shareholding when they cross certain thresholds or change their stake by more than 2% of total share capital. The specific nature of the transaction (acquisition or disposal) and the percentage change are not disclosed in the headline. Masatya Technologies Pvt Ltd is likely a promoter-group entity or a significant shareholder of Arur Footwear Ltd.
The filing itself is a routine regulatory disclosure and not an event that typically moves the stock price. Investors should look for the actual disclosure document to understand whether Masatya Technologies increased or reduced its stake, as the direction and size of the change will determine the real implication for shareholding pattern.