Nalanda Fund Raises Stake in IndiaMART to 7.71%
Nalanda India Equity Fund Limited has increased its stake in IndiaMART InterMesh Limited through an open market share acquisition, raising its ownership in the company.
What Happened and Why It Matters
Nalanda India Equity Fund Limited acquired 3,68,493 equity shares of IndiaMART InterMesh through open market transactions.
Following the acquisition, the fund's shareholding increased from 7.10% to 7.71%, with its total holding rising to 46,36,599 shares.
The transaction resulted in a 0.61% increase in the fund's stake, crossing the disclosure threshold prescribed under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Open Market Purchase Triggers SEBI Disclosure
- Shares Acquired: Nalanda India Equity Fund purchased 3,68,493 equity shares through open market transactions.
- Regulatory Filing: The acquisition required disclosure under SEBI SAST Regulations as the change in shareholding exceeded the 0.5% reporting threshold.
- Delayed Filing: The disclosure relates to a transaction dated June 16, 2026. According to the filing, the submission was delayed due to a system-related issue.
- Institutional Holding: The revised filing reflects Nalanda India Equity Fund's updated ownership position in IndiaMART InterMesh.
What to Watch Next
Investors may track further changes in institutional shareholding patterns in IndiaMART InterMesh, as additional stake purchases or portfolio adjustments by large institutional investors could influence market sentiment.
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)
Other News
SBI MF Acquires Additional Stake in Elevate Campuses
SBI Mutual Fund has acquired an additional 36,74,950 shares of Elevate Campuses Limited through the allotment of shares in the company’s Initial Public Offer (IPO). The acquisition was made on September 30, 2026, increasing SBI Mutual Fund's total holding from 84,25,377 shares (4.99%) to 1,21,00,327 shares (7.18%). The transaction resulted in SBI Mutual Fund's holding crossing the 5% disclosure threshold under the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
ICICI Prudential Mutual Fund Raises Stake in SBI Cards To 7.30%
ICICI Prudential Mutual Fund has increased its stake in SBI Cards and Payment Services Ltd. to 7.30% through open market purchases. The fund's holdings have risen from 5.18% reported in its previous disclosure, an increase of 2.12 percentage points.
ICICI Prudential NFO: New Dynamic Asset Allocation Passive FOF
ICICI Prudential Mutual Fund has launched the ICICI Prudential Dynamic Asset Allocation Passive FOF, an open-ended fund of funds scheme that will dynamically invest in units of passive equity and debt-oriented schemes. The New Fund Offer (NFO) opened for subscription on August 26, 2026, and will close on September 9, 2026. The scheme has no entry load, while the minimum subscription amount is Rs 1,000.