The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Santosh Kumar Saraswat
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The BSE has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Santosh Kumar Saraswat. This regulation requires promoters and persons acting in concert to disclose any acquisition or disposal of shares that changes their voting rights by more than 2% of the company's total shares. The specific direction of the transaction (buy or sell), the number of shares involved, and the resulting shareholding percentage are not mentioned in the headline. The filing indicates that a promoter-related party has undertaken a notable change in their stake in Yug Decor Ltd.
This is a routine regulatory disclosure and by itself does not indicate a major corporate event. Shareholders should look for the detailed filing to understand if this was a stake increase or decrease, which would help assess any change in promoter holding or control.