The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rightful Consultancy Services LLP
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White Hall Commercial Company Ltd has informed the exchange about a disclosure received under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation is triggered when a person or entity already holding more than 5% of the company's shares makes further incremental acquisitions exceeding 2% in a financial year. The disclosure has been filed by Rightful Consultancy Services LLP, indicating a change in its shareholding in the company. Specific details on the direction (acquisition or disposal) and the exact percentage change are not available in the headline alone.
Investors should monitor this filing as it signals that a shareholder with significant holdings (over 5%) is either increasing or decreasing their stake by a notable margin. Any move near the takeover threshold could influence share price and indicate a potential shift in control dynamics.