The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nippon India Mutual Fund

Fii Holding DeclinedOwnership Changes View source PDF Explain this filing

BEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹392.25

prior close

₹392.80

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-1.1%-0.3% vs market

Aerospace & Defense peers, median of 19sector-2.3%+0.9% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty 100 and 0.9 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.3

15m

+0.4

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5-1.1-0.3-2.3+0.9

Next day

+0.7-1.8+2.6+0.0+0.7

+3.0-1.0+4.0+0.3+2.7

+2.4-1.4+3.8+0.1+2.3

+2.1-1.6+3.6-0.4+2.4

+1.3-1.9+3.2-1.9+3.2

+7.4-1.1+8.5+2.4+5.0

15d

+8.7+0.8+8.0-2.0+10.7

+3.9-0.3+4.2-4.4+8.3

-3.1-2.8-0.3-16.1+13.0

+1.8-0.2+2.1-6.9+8.7

UpDownMarket · Nifty 100Sector · Aerospace & Defense peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Nippon India Mutual Fund, through Nippon Life India Asset Management, has disclosed the sale of 5,13,812 shares (0.0070%) of Bharat Electronics Ltd in the open market, as per SEBI SAST Regulation 29(2). The transactions covered the period from March 13, 2020 to June 09, 2025. Before the sale, Nippon held 23,10,90,464 shares (3.1614%) and after the sale its holding stands at 23,05,76,652 shares (3.1544%). The mode of sale is open market and Nippon is not part of the promoter/promoter group of BEL.

Likely market impact

The stake sold is negligible (0.007%) so the market impact is minimal. Nippon continues to hold over 3% of BEL, remaining a meaningful institutional investor in the defence PSU.