New Launch26 Jun 2024, 03:57 pm
DSP Trustee Pvt Ltd & Others Acquire 5.03% Stake in Thangamayil Jewellery Ltd
AI Summary
DSP Trustee Pvt Ltd, on behalf of schemes of DSP Mutual Fund, DSP Alternative Investment Fund, DSP India Fund, and DSP Global Funds ICAV, has acquired a 5.03% stake in Thangamayil Jewellery Ltd. The acquisition was made through the DSP Small Cap Fund, which purchased 10,410 shares on 21-June-2024. This acquisition is significant as it exceeds the 5% threshold for reporting under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- DSP Trustee Pvt Ltd and others have acquired a 5.03% stake in Thangamayil Jewellery Ltd.
- The acquisition was made through the DSP Small Cap Fund, which purchased 10,410 shares on 21-June-2024.
- The acquisition exceeds the 5% threshold for reporting under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- DSP Trustee Pvt Ltd represents schemes of DSP Mutual Fund, DSP Alternative Investment Fund, DSP India Fund, and DSP Global Funds ICAV.
- Thangamayil Jewellery Ltd is listed on BSE Limited and National Stock Exchange of India Limited.