The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for abrdn Asia Ltd
AEGISLOG · price
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Awaiting price reaction for this filing.
Foreign institutional investor abrdn Asia Limited (acting on behalf of managed funds) sold 68,700 shares of Aegis Logistics on May 22, 2025 through open market transactions. This brought down abrdn's holding from 10,573,466 shares (3.0124%) to 10,504,766 shares (2.9928%), a marginal reduction of 0.0196%. The seller is not a promoter — it is an FII acting on behalf of multiple funds including The India Fund, abrdn Asia Focus plc, and Indian Equity Fund. The shares were sold on both BSE and NSE.
The stake cut is very small (under 0.02%) and likely a routine portfolio rebalancing by the FII. It is unlikely to materially affect the stock price or signal any negative outlook, though it continues a gradual trimming pattern by abrdn in Aegis Logistics.