Madan Gopal Agarwal has Submitted to the Exchange a copy of Disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Madan Gopal Agarwal, a promoter of V-Mart Retail, has submitted a disclosure to the stock exchange under Regulation 29(2) of SEBI's Takeover Regulations, 2011. This regulation requires shareholders holding more than 5% of a company's shares to disclose any buy or sell transactions exceeding 2% of total shares in a financial year. The filing itself is a routine regulatory compliance, and the actual details of the transaction — whether it is a purchase or sale, and the exact number of shares — have not been shared in this announcement. Retail investors will need to check the actual disclosure form on the exchange website for specifics on quantity, price, and transaction type.
This is a routine compliance filing and does not, by itself, indicate a significant positive or negative event. Investors should review the attached disclosure to understand the direction and size of the transaction, as it could affect promoter shareholding levels in V-Mart Retail.