Yug Decor Ltd files SEBI SAST disclosure for share acquisition by Nisha Saraswat
The company disclosed on 30 June 2026 that Nisha Saraswat has acquired shares, triggering a Regulation 29(2) filing under the SEBI Substantial Acquisition of Shares & Takeovers Regulations, 2011.
What Yug Decor Ltd announced
Yug Decor Ltd (BSE: 540550) filed a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on 30 June 2026. The filing relates to an acquisition of shares in Yug Decor by Nisha Saraswat. The exchange received the notice and posted it as a public filing, as required by the SAST framework.
Details of the Regulation 29(2) filing
Regulation 29(2) mandates that any person who acquires shares which cause their holding to cross a prescribed threshold (typically 5 % of the voting share capital) must disclose the acquisition to the stock exchange within two working days. The filing submitted by Yug Decor does not disclose the exact number of shares, the percentage of voting rights acquired, or the consideration paid. The document simply records that the acquisition triggered the regulatory requirement and that the exchange has received the notice.
Key facts at a glance
| Detail | Value |
|---|---|
| Company | Yug Decor Ltd |
| BSE ticker | 540550 |
| Filing date | 30 June 2026 |
| Regulation invoked | SEBI (SAST) Regulation 29(2) |
| Acquirer | Nisha Saraswat |
| Share‑holding details disclosed | No (not provided in filing) |
| Source | BSE filing (PDF) |
Why this matters for investors
The filing confirms that a significant shareholder transaction has taken place, which is material from a regulatory standpoint. While the exact size of the stake is not disclosed, the requirement to file under Reg 29(2) implies that the holding crossed the minimum trigger level (generally 5 %). If the stake later exceeds 25 % of voting rights, SEBI may require the acquirer to make a public offer for the remaining shares. Until further disclosures are made, investors should watch for any subsequent offer document or additional share‑holding disclosures that could affect voting dynamics or future corporate actions.
Conclusion
Yug Decor Ltd has complied with SEBI’s SAST rules by filing a Reg 29(2) notice on 30 June 2026 for the share acquisition by Nisha Saraswat. The filing does not reveal the size of the stake, and no offer document has been announced yet. Investors should await further filings that may provide more detail on the shareholding percentage and any required public offer.
Frequently asked questions
Source filing: view original