HDFC Mutual Fund has reduced its shareholding in Piramal Pharma Limited by selling 2,69,92,907 equity shares through the open market. The transaction represents a 2.027% stake in the company and was executed on October 28, 2026. Following the sale, HDFC Mutual Fund’s aggregate shareholding in Piramal Pharma declined from 7.015% to 4.988%. The disclosure was made by HDFC Asset Management Company Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Mirae Asset Mutual Fund has sold 1,49,729 shares of TeamLease Services Limited through an open market transaction, reducing its stake in the company from 6.38% to 5.40%. Following the sale, the fund holds 8,25,414 shares in the staffing and human resource services company. The transaction was disclosed in a regulatory filing dated October 27, 2026.
SBI Mutual Fund has acquired a 5.25% stake in ASM Technologies Limited through a preferential allotment of equity shares. SBI Mutual Fund acquired 8,22,564 equity shares of the company, which were allotted on October 16, 2026. Following the allotment, its shareholding in ASM Technologies increased to 5.2501% of the company's paid-up share capital. The acquisition was made across various schemes of SBI Mutual Fund. The disclosure was submitted by SBI Funds Management Limited under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
India Max Investment Fund Limited has acquired 13,50,000 equity shares of Liqvd Digital Limited through open market purchases on October 16, 2026. The acquisition represents a 6.06% stake in the company, taking the fund’s shareholding from zero to over 6% and triggering disclosure requirements under SEBI’s takeover regulations.
Nippon India Mutual Fund has sold 3,90,203 shares of Shoppers Stop Limited through an open market transaction, reducing its holding in the retail company from 3.54% to 3.18%. Following the sale, the mutual fund’s shareholding declined to 35,12,831 shares, according to a regulatory disclosure.
Several mutual funds have temporarily stopped accepting fresh investments in Gold and Silver ETF Fund-of-Funds (FoFs) from October 16, 2026. The move comes as gold exchange-traded funds attract strong investor inflows, while India steps up efforts to manage gold imports and reduce pressure on foreign exchange outflows.