Shareholding17 Jul 2026, 05:31 pm
Nippon India MF Acquires 1.30% Stake in TCI Express
AI Summary
Nippon India Mutual Fund, through Nippon Life India Asset Management Limited, has acquired 500,000 equity shares, representing 1.3014% of the total share capital, in TCI Express Limited via open market transactions. This acquisition increases Nippon India Mutual Fund's total holding in TCI Express to 5.1665% (1,984,921 shares). The transaction was disclosed under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The total equity share capital of TCI Express remains unchanged at Rs 7,68,37,980/- (3,84,18,990 shares of face value Rs. 2 each).
Key Highlights
- Nippon India Mutual Fund acquired 500,000 shares of TCI Express.
- The acquisition represents a 1.3014% stake in the company.
- Post-acquisition, Nippon India MF's total holding is 5.1665%.
- The shares were acquired through open market transactions.
- Disclosure made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Price Impact
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