StockWatch
·
IT Enabled Services
Shareholding28 Aug 2026, 05:30 pm

Nippon India MF Acquires 0.63% Stake in Cyient Ltd

AI Summary

Nippon India Mutual Fund, through Nippon Life India Trustee Limited, has acquired 6,58,925 shares, representing 0.6290% of the total voting capital of Cyient Limited. This acquisition, made via open market transactions, increases their total holding in Cyient Ltd to 54,70,401 shares, or 5.2222% of the total diluted share capital. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Nippon India MF acquired 0.63% additional stake in Cyient Ltd.
  • Total holding in Cyient Ltd now stands at 5.22% of diluted capital.
  • Acquisition was made through open market purchases.
  • Disclosure filed under SEBI Takeover Regulations.