StockWatch
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Heavy Electrical Equipment
Shareholding29 Apr 2026, 11:06 am

Nomura India Fund sells 2.05% stake in Azad Engineering

AI Summary

Nomura India Investment Fund Mother Fund, along with associated entities, disclosed a sale of shares in Azad Engineering Ltd under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This transaction resulted in a net disposal of 1,321,713 shares, reducing their total holding by 2.05% from 5.13% (as of June 16, 2025) to 3.08%. The shares were sold through the secondary market between June 16, 2025, and April 27, 2026.

Key Highlights

  • Nomura India Investment Fund Mother Fund reduced its stake in Azad Engineering.
  • Total holding decreased by 2.05% to 3.08%.
  • The previous holding was 5.13% as of June 16, 2025.
  • A net of 1,321,713 shares were disposed of.
  • The sale was executed via the secondary market.