Shareholding15 May 2026, 11:31 am
SMALLCAP World Fund Reduces Stake in IIFL Finance by 3.39%
AI Summary
SMALLCAP World Fund, Inc. has decreased its shareholding in IIFL Finance Ltd. from 5.2022% to 1.8147%, representing a sale of 14,364,701 shares. This transaction was executed through the open market on May 13, 2026. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Post-sale, SMALLCAP World Fund, Inc. holds 7,717,532 shares in IIFL Finance Ltd.
Key Highlights
- SMALLCAP World Fund, Inc. sold 14,364,701 shares of IIFL Finance Ltd.
- The sale reduced SMALLCAP World Fund's stake in IIFL Finance to 1.8147%.
- The transaction was executed via open market on May 13, 2026.
- The disclosure was made under SEBI's Takeover Regulations.
- IIFL Finance's equity share capital after the sale is 425,289,575.
Price Impact
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