
Acquisitions31 Jan 2025, 08:19 pm
SMALLCAP World Fund, Inc. Acquires 2.3 Million Shares of Manappuram Finance Ltd.
AI Summary
SMALLCAP World Fund, Inc. has acquired 2.3 million shares of Manappuram Finance Ltd., representing a 0.282% increase in the total voting rights. The acquisition was made through the open market. Before the acquisition, SMALLCAP World Fund, Inc. held 4.7478% of the total voting rights; after the acquisition, they hold 5.0308%. The total equity share capital of Manappuram Finance Ltd. before the acquisition was 846,434,729, which increased to the same number after the acquisition.
Key Highlights
- SMALLCAP World Fund, Inc. acquires 2.3 million shares of Manappuram Finance Ltd.
- The acquisition represents a 0.282% increase in the total voting rights.
- The acquisition was made through the open market.
- Before the acquisition, SMALLCAP World Fund, Inc. held 4.7478% of the total voting rights.
- After the acquisition, they hold 5.0308% of the total voting rights.