Shareholding27 Jul 2026, 08:02 pm
Fairplan Distributors reduces Advik Capital stake by 2.00%
AI Summary
Fairplan Distributors Private Limited has disclosed a reduction in its shareholding in Advik Capital Limited under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquirer sold 1,21,70,438 shares, representing 2.00% of Advik Capital's total voting capital. This transaction, conducted via open market, decreased Fairplan Distributors' holding from 23.74% to 21.74%. The sales occurred between June 12, 2026, and July 24, 2026.
Key Highlights
- Fairplan Distributors sold 2.00% stake in Advik Capital.
- Holding decreased from 23.74% to 21.74% post-sale.
- The transaction involved 1,21,70,438 shares.
- Sale was conducted through open market operations.
Price Impact
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