
Shareholding16 Apr 2026, 03:30 pm
Bandhan MF crosses 5% stake in Pennar Industries
AI Summary
Bandhan Mutual Fund, through its scheme Bandhan Small Cap Fund, acquired 1,20,000 equity shares of Pennar Industries Limited on April 13, 2026. This open market acquisition, representing 0.0889% of the paid-up capital, increased Bandhan MF's total holding in Pennar Industries to 5.0469%. This crosses the 5% threshold, triggering a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Bandhan Mutual Fund increased its stake in Pennar Industries.
- The fund acquired an additional 0.0889% of equity shares.
- Total holding now stands at 5.0469% of the company's paid-up capital.
- The acquisition was made through open market purchases.
- This triggers a disclosure under SEBI Takeover Regulations.
Price Impact
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