The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yatin Sanjay Gupte
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Awaiting price reaction for this filing.
The stock exchange has received a disclosure under Regulation 29(2) of the SEBI Substantial Acquisition of Shares & Takeovers (SAST) Regulations from Yatin Sanjay Gupte in Wardwizard Innovations & Mobility Ltd. This regulation requires persons (including promoters and non-promoters) to disclose changes in their shareholding or voting rights once they cross the 2% creeping acquisition threshold in a financial year. Specific details of the transaction—whether it is a buy or sell, the number of shares, and the change in percentage stake—are not available in the headline alone and would need to be checked in the full filing.
Reg 29(2) filings are routine compliance disclosures and are usually short-term price-neutral. Investors should check whether this is a promoter-level move (which could signal conviction) or a non-promoter/off-market transaction before drawing conclusions.