The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Smile Suppliers Pvt Ltd
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The BSE has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, filed by Smile Suppliers Pvt Ltd in relation to shares of Thirani Projects Ltd. Regulation 29(2) disclosures are typically triggered when an entity acquires shares, voting rights, or convertible securities that change its shareholding level. Specific details such as the exact number of shares transacted, the price, and the resulting shareholding percentage have not been disclosed in the available information. Smile Suppliers Pvt Ltd could be a promoter-group entity or a significant shareholder, but its exact status is not confirmed in this filing.
This is a routine regulatory disclosure under takeover norms and, on its own, is not indicative of a major event. Shareholders should watch for the detailed disclosure to understand whether the acquirer's stake has crossed or moved closer to key thresholds, which could affect control dynamics.