Shareholding22 Aug 2026, 11:01 am
Motilal Oswal Funds Increase Sterlite Tech Stake to 7.66%
AI Summary
Motilal Oswal Midcap Fund and other schemes of Motilal Oswal Mutual Fund have disclosed an increase in their shareholding in Sterlite Technologies Limited. The acquisition, executed through market transactions, has raised their total stake from 7.5965% to 7.6611%. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, indicating a minor but continuous accumulation of shares by these funds. The total number of shares held by these schemes is now 3,93,70,152.
Key Highlights
- Motilal Oswal Mutual Fund schemes acquired additional shares.
- Total shareholding in Sterlite Technologies increased to 7.6611%.
- Acquisition was made via market transactions.
- Disclosure filed under SEBI Takeover Regulations.
- No change in promoter status reported.
Price Impact
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