The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Caladium Investment Pte Ltd
ATHERENERG · price
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Caladium Investment Pte Ltd, a foreign investor (non-promoter) in Ather Energy, sold 354,193 equity shares in an open-market transaction on 15 May 2026. This reduced its holding from 32,857,916 shares (8.58%) to 32,503,723 shares (8.49%) of the company's equity share capital. The filing notes that Caladium's cumulative stake reduction from its post-IPO level of 10.88% to the current 8.49% amounts to less than 2% change, and that no prior Regulation 29(2) disclosure was triggered for earlier sales. The dilution was partly due to repeated ESOP allotments increasing the total share capital over time.
The sale is relatively small (0.09%) and the seller is a non-promoter FII-type investor, so direct shareholder impact is minimal. However, the steady decline in Caladium's stake from 10.88% post-IPO to 8.49% signals ongoing selling pressure from a significant early investor.