Shareholding5 Oct 2026, 11:12 am
NewQuest Sells Shadowfax Shares Worth ₹585.08 Cr
AI Summary
NewQuest Asia Fund IV (Singapore) Pte. Ltd. has sold a total of 15,00,00,396 equity shares of Shadowfax Technologies Limited. The sales occurred on September 1, 4, 7, 8, and 30, 2026. This transaction represents a sale of 2.56% of the total share capital, reducing NewQuest's holding from 9.26% to 6.69%. The total value of the shares sold is approximately ₹585.08 Crores. This sale crosses the 2% threshold as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- NewQuest Asia Fund IV sold 15,00,00,396 shares of Shadowfax Technologies.
- The sale amounts to 2.56% of the total share capital.
- Holding reduced from 9.26% to 6.69% post-transaction.
- Total sale value is approximately ₹585.08 Crores.
- Disclosure made under SEBI (SAST) Regulations, 2011.
Price Impact
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