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 filed a disclosure with the exchange under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation applies when an entity's shareholding changes by more than 2% in a quarter or crosses certain disclosure thresholds. The full details of the acquiring/selling party, transaction type, and percentage change are not specified in the filing excerpt provided.
Investors should monitor this filing closely as it may indicate a change in promoter or major shareholder stake, which could affect shareholding pattern and sentiment around the stock.