Shareholding28 Jul 2026, 10:13 am
Flipkart Sells 3.37 Cr Shadowfax Shares, Stake Drops to 5.77%
AI Summary
Flipkart Internet Private Limited has disclosed a sale of 3,37,38,852 equity shares in Shadowfax Technologies Limited, reducing its stake to 5.77% from 7.29%. The transaction, an open market sale conducted on July 24, 2026, signifies a substantial reduction in Flipkart's holding in the logistics company. The disclosure was made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of Shadowfax Technologies Limited remains at ₹58,50,84,620, with a diluted share capital of ₹59,70,24,455.
Key Highlights
- Flipkart Internet Pvt Ltd sold 3.37 crore shares of Shadowfax Technologies.
- Flipkart's shareholding in Shadowfax reduced to 5.77%.
- The sale was conducted via open market on July 24, 2026.
- Disclosure made as per SEBI Takeover Regulations.
- Shadowfax Technologies is listed on BSE and NSE.
Price Impact
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