Western Carriers (India) Limited has informed the Exchange regarding 'Disclosure under Regulation 29 (2) of Securities and Exchange Board of India (Substantial acquisition of Shares and Takeovers) Regulations, 2011'.
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Western Carriers (India) Limited has submitted a disclosure to the Exchange under Regulation 29(2) of the SEBI Takeover Regulations, which pertains to changes in shareholding that cross prescribed thresholds. The full details of the disclosure — including the entity involved, the nature of the transaction (acquisition or disposal), the number of shares, and the resulting shareholding percentage — have not been provided in this filing. Shareholders should look for a follow-up announcement or check the company's filings for the specific details of this disclosure.
Reg 29(2) disclosures are routine and signal that a shareholder has crossed a reporting threshold, but the direction and magnitude of the change cannot be determined from this filing alone, so there is no clear immediate impact on shareholders.