Shareholding2 Jun 2026, 02:58 pm
Bandhan Mutual Fund Increases Stake in Hi-Tech Pipes to 9.1554%
AI Summary
Bandhan Mutual Fund has increased its shareholding in Hi-Tech Pipes Limited through an open market acquisition. On May 29, 2026, the fund acquired 240,000 equity shares, raising its total stake from 7.1068% to 9.1554% of the company's paid-up capital. This disclosure was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- Bandhan Mutual Fund acquired 240,000 equity shares of Hi-Tech Pipes Limited.
- The acquisition was executed via open market transactions on May 29, 2026.
- The fund's total shareholding increased from 7.1068% to 9.1554%.
- The disclosure was filed under SEBI's Substantial Acquisition of Shares and Takeovers Regulations.
Price Impact
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