The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mitsubishi UFJ Financial Group (MUFG) & PACs
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Mitsubishi UFJ Financial Group (MUFG) sold its indirect interest in Aavas Financiers by divesting entities First Sentier Investors (UK) IM Limited and First Sentier Investors International IM Limited on August 29, 2025. MUFG's stake dropped from 5,679,045 shares (7.18%) to 3,229,947 shares (4.08%), a reduction of 2,449,098 shares representing 3.09% of the company. MUFG clarified it is not part of the promoter or promoter group. The sale was an indirect disposal, not an open market transaction. The disclosure was filed under SEBI's SAST Regulation 29(2) since the reduced holding crossed a reporting threshold.
A large foreign institutional investor (MUFG) cutting its stake by more than half may create short-term selling pressure or negative sentiment, though the indirect nature of the sale may limit immediate market impact. Retail investors should note the reduced institutional sponsorship from a global financial major.