StockWatch
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Iron & Steel Products
Shareholding2 Jun 2026, 04:11 pm

Bandhan Mutual Fund Increases Hi-Tech Pipes Stake to 9.16%

AI Summary

Bandhan Mutual Fund, through its schemes, has acquired 2,40,000 equity shares of Hi-Tech Pipes Ltd on May 29, 2026. This acquisition has increased their holding from 7.1068% to 9.1554% of the company's paid-up capital. The transaction was conducted via open market purchase. This disclosure is made as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Bandhan Mutual Fund acquired 2,40,000 shares of Hi-Tech Pipes.
  • Holding increased from 7.1068% to 9.1554%.
  • Acquisition occurred on May 29, 2026.
  • Transaction was an open market purchase.
  • Disclosure filed under SEBI Takeover Regulations.