Shareholding17 Aug 2026, 02:04 pm
Malabar India Fund Sells 2.12% Stake in Neuland Laboratories
AI Summary
Malabar India Fund Limited has disclosed the sale of 2,72,634 equity shares, representing 2.12% of the total share capital, in Neuland Laboratories Ltd. The sale occurred in the open market between August 10, 2024, and August 14, 2026. Following the transaction, Malabar India Fund's shareholding in Neuland Laboratories has reduced from 7.18% to 5.06%. The total equity share capital of Neuland Laboratories remains unchanged at ₹12,82,98,890, comprising 1,28,29,889 equity shares of ₹10 each.
Key Highlights
- Malabar India Fund sold 2,72,634 shares of Neuland Laboratories.
- The sale amounts to a 2.12% stake in the company.
- Post-sale, the fund's holding reduced to 5.06%.
- The transaction was conducted via the open market.
- This filing is a disclosure under SEBI Takeover Regulations.
Price Impact
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