StockWatch
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Non Banking Financial Company (NBFC)
Shareholding7 Aug 2026, 04:23 pm

India Business Excellence Fund II Sells 14.32 Lakh Intec Capital Shares

AI Summary

India Business Excellence Fund II has disclosed the sale of 14,32,444 equity shares in Intec Capital Limited. The disposals occurred in series between April 18, 2022, and August 6, 2026. The disclosure obligation under SEBI Takeover Regulations was triggered on August 6, 2026, when a disposal of 12,58,088 shares, combined with previous sales, breached the 2% threshold. The total value of the shares sold is approximately ₹2.28 crore.

Key Highlights

  • India Business Excellence Fund II sold 14.32 lakh shares of Intec Capital.
  • Disposals occurred between April 2022 and August 2026.
  • SEBI Takeover Regulations threshold breached on August 6, 2026.
  • Total sale value approximately ₹2.28 crore.
  • Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.