StockWatch
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Trading & Distributors
Shareholding3 Jul 2026, 06:30 pm

HDFC MF Reduces Redington Ltd Stake by 2.016%

AI Summary

HDFC Mutual Fund, through its various schemes, has reduced its shareholding in Redington Ltd by 2.016%. As of September 30, 2024, the aggregate holding was 9.274%. By July 01, 2026, this holding decreased to 7.258% of the paid-up equity share capital. The reduction amounts to 1,57,61,176 shares, acquired through open market transactions. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • HDFC Mutual Fund reduced its stake in Redington Ltd.
  • Shareholding decreased by 2.016% to 7.258%.
  • Reduction of 1,57,61,176 shares occurred by July 01, 2026.
  • Transaction was conducted via open market purchases.
  • Disclosure filed under SEBI Takeover Regulations.