India Max Investment Fund Acquires 6.06% Stake in Liqvd Digital
The acquisition gives India Max Investment Fund a 6.06% holding in Liqvd Digital, with subsequent disclosures indicating a further increase in its stake to 9.22%.
India Max Investment Fund Enters Liqvd Digital’s Shareholding
India Max Investment Fund Limited acquired shares in Liqvd Digital through an open market transaction, according to the regulatory filing. Before the transaction, the fund did not hold any shares in the company. Following the purchase, its holding increased to 13,50,000 equity shares, representing 6.06% of Liqvd Digital’s total share capital.
The transaction crossed the 5% shareholding threshold, requiring disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing states that Liqvd Digital’s paid-up share capital stood at 2,22,63,177 equity shares.
Key Details of the Acquisition
- Acquirer: India Max Investment Fund Limited.
- Target company: Liqvd Digital Limited.
- Shares acquired: 13,50,000 equity shares.
- Stake acquired: 6.06% of the company’s total share capital.
- Transaction date: October 16, 2026.
- Mode of acquisition: Open market purchase.
- Previous holding: Nil shares before the transaction.
- Holding after acquisition: 13,50,000 shares, representing 6.06%.
- Paid-up share capital: 2,22,63,177 equity shares.
- Regulatory disclosure: The acquisition triggered a filing under Regulation 29(1) of the SEBI SAST Regulations, 2011, as the fund’s holding crossed 5%.
- Subsequent shareholding: Further disclosures indicate that the fund’s stake later increased to 9.22%.
What to Watch Next
Market participants can monitor further shareholding disclosures to track whether India Max Investment Fund makes additional changes to its holding in Liqvd Digital. Any subsequent purchases or changes in ownership could provide further information about the fund’s investment activity in the company.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
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