
Shareholding19 May 2026, 05:12 pm
Nippon India MF Acquires Shares in Carborundum Universal
AI Summary
Nippon India Mutual Fund, through Nippon Life India Trustee Limited, acquired shares of Carborundum Universal Limited via open market purchases. The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Before the acquisition, Nippon India Mutual Fund held 94,23,177 shares. Following the acquisition, the holding increased to 98,23,287 shares. The transactions occurred between December 27, 2013, and May 15, 2026.
Key Highlights
- Nippon India Mutual Fund acquired shares in Carborundum Universal via open market.
- The acquisition is disclosed under SEBI's Substantial Acquisition Regulations.
- Nippon India Mutual Fund's shareholding increased to 98,23,287 shares.
- Acquisition occurred between December 2013 and May 2026.
Price Impact
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