StockWatch
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Other Bank
Shareholding3 Jul 2026, 10:37 am

Mirae Asset Mutual Fund Acquires 0.12% Stake in Equitas Small Finance Bank

AI Summary

Mirae Asset Mutual Fund has acquired an additional 1,392,953 shares, representing 0.12% of the total share capital, in Equitas Small Finance Bank Ltd. This acquisition, made on July 01, 2026, through the open market, increases Mirae Asset Mutual Fund's total shareholding in the bank to 89,022,343 shares, or 7.80% of the total diluted share capital. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Mirae Asset Mutual Fund increased its stake in Equitas Small Finance Bank.
  • Acquisition of 1,392,953 shares on July 01, 2026.
  • Total holding now stands at 7.80% of diluted share capital.
  • Transaction was conducted via open market purchase.
  • Disclosure filed as per SEBI Takeover Regulations.