The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhoruka Supply Chain Solutions Holdings Ltd
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BSE has received a disclosure under Regulation 29(2) of the SEBI Takeover Regulations from Bhoruka Supply Chain Solutions Holdings Ltd, which is connected to Transport Corporation of India Ltd. This regulation deals with reporting of encumbrance (pledge) on shares held by promoters or persons acting in concert. The full details of the disclosure — such as number of shares, percentage of holding, and whether it is a creation, modification, invocation, or release of pledge — are not available as the linked BSE page could not be retrieved.
Without the actual disclosure details, the impact on shareholders is unclear. Pledge-related disclosures by promoter entities can affect share price sentiment depending on whether the pledge was created, invoked, or released, so investors should look up the full filing on BSE/NSE.