Shareholding3 Sept 2026, 02:47 pm
Nippon India MF Sells 0.39% Stake in UTI AMC
AI Summary
Nippon India Mutual Fund, through Nippon Life India Trustee Limited, has disclosed the sale of 4,99,917 equity shares, representing 0.3889% of the total share capital, in UTI Asset Management Company Limited. The sale occurred through open market transactions between July 03, 2023, and September 01, 2026. Following the sale, Nippon India Mutual Fund's holding in UTI AMC has reduced from 3.5596% to 3.1706%. The total equity share capital of UTI AMC remains unchanged at Rs. 1,28,53,90,280/-.
Key Highlights
- Nippon India Mutual Fund sold 0.3889% stake in UTI AMC.
- Sale was conducted via open market transactions.
- Post-sale holding reduced to 3.1706% from 3.5596%.
- Transaction period spans from July 2023 to September 2026.
Price Impact
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