Shareholding27 Apr 2026, 12:41 pm
India Business Excellence Fund IIA sells 14.93% stake in Intec Capital
AI Summary
India Business Excellence Fund IIA, a shareholder in Intec Capital Ltd, has disclosed the sale of 27,41,220 equity shares. These disposals, conducted through open market transactions, took place in a series between April 18, 2022, and April 22, 2026. This significant sale reduced the fund's total shareholding in Intec Capital from 19.85% (36,46,142 shares) to 4.93% (9,04,922 shares). The disclosure was triggered on April 22, 2026, when the disposal breached the 2% threshold as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- India Business Excellence Fund IIA sold 27,41,220 Intec Capital shares.
- Their stake in Intec Capital reduced from 19.85% to 4.93%.
- The shares were sold via open market from April 2022 to April 2026.
- The disposal triggered SEBI Takeover Regulations disclosure.
Price Impact
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