Shareholding6 Nov 2026, 05:23 pm
Nippon India MF Buys 0.22% Stake in Protean eGov Tech
AI Summary
Nippon India Mutual Fund, through Nippon Life India Trustee Limited, has acquired an additional 88,936 shares, representing 0.2181% of the total share capital, in Protean eGov Technologies Limited via open market purchases. This acquisition brings their total shareholding to 21,083,233 shares, or 5.1576% of the company's total diluted share capital. The total investment for these shares amounts to ₹4,07,79,165 (4,07,79,165 shares at ₹10 face value). This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Nippon India MF acquired 0.2181% additional stake in Protean eGov Tech.
- Total shareholding now stands at 5.1576% of the company.
- Acquisition was made through open market purchases.
- Total investment for the new shares was ₹4.08 Crore.
- Disclosure filed under SEBI Takeover Regulations.
Price Impact
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