The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mirae Asset Mutual Fund
BATAINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mirae Asset Mutual Fund has purchased an additional 5,29,281 equity shares (0.41%) of Bata India Ltd through open market transactions on October 30, 2025. This takes its total holding in the company from 12,044,603 shares (9.37%) to 12,573,884 shares (9.78%). The disclosure has been filed under Regulation 29(2) of SEBI's Takeover Regulations, which is mandatory whenever an acquirer's holding crosses certain thresholds. Mirae Asset is not part of the promoter group of Bata India.
A foreign institutional investor inching closer to the 10% shareholding mark is a noteworthy development. While not yet at the trigger level for an open offer, this creeping acquisition signals sustained institutional confidence in Bata India and warrants monitoring for any further buying that could push it past the 10% threshold.