Shareholding17 Jul 2026, 04:29 pm
Nippon India MF Buys 1.30% Stake in TCI Express
AI Summary
Nippon India Mutual Fund, through Nippon Life India Trustee Limited, has acquired a 1.3014% stake in TCI Express Limited via open market purchases. The acquisition, which occurred between October 16, 2020, and July 15, 2026, increased the fund's total holding to 5.1665% (1,984,921 shares). The total value of shares acquired in this transaction amounts to ₹7,68,37,980, with 3,84,18,990 shares purchased at a face value of ₹2 per share.
Key Highlights
- Nippon India MF acquired 1.3014% stake in TCI Express.
- Total holding increased to 5.1665% post-acquisition.
- Acquisition was made through open market purchases.
- Transaction value is ₹7,68,37,980 for 3,84,18,990 shares.
Price Impact
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