Shareholding10 Aug 2026, 11:27 am
NewQuest Sells 2.28% Stake in Shadowfax Technologies
AI Summary
NewQuest Asia Fund IV Singapore Pte. Ltd. has disclosed the sale of 1,33,24,824 equity shares in Shadowfax Technologies Limited, representing 2.28% of the company's paid-up equity share capital. The sales occurred on August 3rd, 5th, and 6th, 2026. This cumulative sale crossed the 2% threshold under SEBI's Takeover Regulations, necessitating this disclosure. Following the sale, NewQuest's holding in Shadowfax Technologies has reduced to 9.26% from 11.53%. The transactions were conducted via the open market.
Key Highlights
- NewQuest Asia Fund IV sold 2.28% stake in Shadowfax Technologies.
- Total shares sold: 1,33,24,824 equity shares.
- Sale occurred on August 3rd, 5th, and 6th, 2026.
- NewQuest's holding reduced to 9.26% from 11.53%.
- Transactions were executed through the open market.
Price Impact
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