Shareholding22 May 2026, 04:23 pm
SML Mahindra: Navodya Enterprises Sells 0.0686% Stake
AI Summary
Navodya Enterprises & PACs sold 9,923 shares (0.0686%) in SML Mahindra Limited on May 20, 2026, reducing their holding from 10.8696% to 10.8010%. This transaction triggered Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The sale was executed through the open market. Post-sale, the total shares held by the acquirer and PACs stand at 1,563,085.
Key Highlights
- Navodya Enterprises sold 9,923 shares (0.0686%) of SML Mahindra on May 20, 2026.
- The sale decreased Navodya Enterprises' holding to 10.8010% triggering SEBI regulations.
- The transaction was executed through the open market.
- Post-sale, Navodya Enterprises and PACs hold 1,563,085 shares in SML Mahindra.
- SML Mahindra's equity share capital before and after the sale remains at ₹144,716,460.
Price Impact
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