StockWatch
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Industrial Products
Shareholding16 Apr 2026, 05:21 pm

Bandhan MF increases stake in Pennar Industries to 5.0469%

AI Summary

Bandhan Mutual Fund, through its scheme Bandhan Small Cap Fund, acquired an additional 0.0889% equity shares of Pennar Industries Ltd. on April 13, 2026. This acquisition, executed via the open market, increased Bandhan Mutual Fund's total holding in Pennar Industries to 5.0469% of the company's paid-up capital/voting rights. The disclosure was made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as the holding crossed the 5% threshold.

Key Highlights

  • Bandhan Mutual Fund increased its stake in Pennar Industries Ltd.
  • Acquired an additional 0.0889% equity shares on April 13, 2026.
  • Total holding now stands at 5.0469% of the company's voting rights.
  • The acquisition was made through open market transactions.
  • Disclosure made under SEBI (SAST) Regulations, 2011, for crossing 5% stake.