StockWatch
·
Shareholding1 Sept 2026, 10:33 am

Alpha Wave India Sells 7.78% Stake in Aye Finance

AI Summary

Alpha Wave India I LP has disclosed the sale of its entire 7.78% stake, amounting to 19,188,604 shares, in Aye Finance Limited. The sale was conducted on the open market on August 27, 2026. Prior to the sale, Alpha Wave India held 7.78% of the total share capital and 7.56% of the diluted share capital. Following the transaction, their holding in Aye Finance is now nil. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and is listed on both BSE and NSE.

Key Highlights

  • Alpha Wave India LP sold its entire 7.78% stake in Aye Finance.
  • Total of 19,188,604 shares were sold on the open market.
  • Seller is not a promoter of Aye Finance.
  • Holding in Aye Finance is now nil post-transaction.
  • Disclosure filed under SEBI Takeover Regulations.