Unifinz Capital India Ltd files revised Reg 29(2) disclosure for Pawan Kumar Mittal and Kiran Mittal
The company submitted an updated substantial acquisition of shares filing on 20 June 2026, revising earlier disclosures for the two shareholders.
What Unifinz Capital India Ltd announced
On 20 June 2026, Unifinz Capital India Ltd (BSE: 541358) submitted a revised disclosure to the Bombay Stock Exchange under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The revision relates to the share‑acquisition positions of two individuals – Pawan Kumar Mittal and Kiran Mittal. The filing replaces earlier disclosures made by the same parties and is intended to keep the market apprised of any material changes in their shareholdings.
"The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 for Pawan Kumar Mittal & Kiran Mittal."
The announcement does not provide quantitative details such as the number of shares acquired, the percentage of the company's equity held, or the consideration paid.
Revised disclosure under Regulation 29(2)
Regulation 29(2) mandates that any person or entity acquiring a shareholding that crosses prescribed thresholds (typically 5 % of the paid‑up capital) must disclose the acquisition to the stock exchange within a stipulated time‑frame. A revised disclosure is required when the acquirer’s shareholding changes after the initial filing, or when earlier information was incomplete or inaccurate.
In this case, the revised filing indicates that the Mittal parties have updated their shareholding information. The exact nature of the change—whether an increase, decrease, or correction—is not disclosed in the public document.
Key facts at a glance
| Detail | Value |
|---|---|
| Company | Unifinz Capital India Ltd |
| BSE Identifier | 541358 |
| Filing Date | 20 June 2026 |
| Regulation invoked | SEBI (SAST) Regulations, 2011 – Reg. 29(2) |
| Parties concerned | Pawan Kumar Mittal, Kiran Mittal |
| Nature of filing | Revised substantial acquisition disclosure |
| Financial specifics disclosed | None |
| Source | BSE filing (PDF) |
Why this matters for investors
The filing signals that the shareholding pattern of Unifinz Capital India Ltd is being actively monitored by the regulatory authorities. A revised disclosure can arise from:
- Additional shares being bought or sold by the disclosed parties.
- Corrections to earlier reported figures.
- Compliance with the statutory timeline for updating the market.
For shareholders, the key implication is heightened transparency about who holds significant stakes in the company. If the Mittals’ holdings cross a material threshold, they may acquire certain rights, such as the ability to call a general meeting or influence corporate decisions. Conversely, a reduction in their stake could signal a shift in confidence. However, because the filing does not disclose the exact numbers, investors cannot quantify the impact at this stage.
Conclusion
Unifinz Capital India Ltd has filed a revised Regulation 29(2) disclosure on 20 June 2026 concerning the shareholdings of Pawan Kumar Mittal and Kiran Mittal. While the filing confirms that the parties have updated their positions, no quantitative details are provided. Investors should watch for any subsequent filings that may reveal the exact share percentages or any related corporate actions.
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