StockWatch
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Paints
Shareholding18 Aug 2026, 03:36 pm

Nippon India MF Sells 2.42% Stake in Indigo Paints

AI Summary

Nippon India Mutual Fund has disclosed the sale of 11,55,722 equity shares, representing 2.4212% of the total share capital, in Indigo Paints Limited. The sale was conducted through the open market. Following this transaction, Nippon India Mutual Fund's holding in Indigo Paints has reduced from 8.5062% to 6.0850%. The total share capital of Indigo Paints remains unchanged at Rs. 47,73,26,370/-.

Key Highlights

  • Nippon India Mutual Fund sold 2.42% stake in Indigo Paints.
  • Sale was executed via open market transactions.
  • Post-sale holding reduced to 6.0850%.
  • Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.