The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Tata Mutual Fund
MAPMYINDIA · price
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Awaiting price reaction for this filing.
Tata Mutual Fund, through its schemes (Tata Small Cap Fund and Tata India Equity Fund Multipartner SICAV), acquired 1,00,000 equity shares (0.18%) of C.E. Info Systems Ltd (MapMyIndia) via open market purchase on March 4, 2026. This raised their total holding from 27,23,000 shares (4.98%) to 28,23,000 shares (5.16%), taking them past the 5% SAST disclosure threshold. The acquirer is not part of the promoter/promoter group. The equity share capital of the company remained unchanged at Rs. 10,94,43,330.
A reputed institutional investor like Tata Mutual Fund increasing its stake and crossing the 5% mark is a confidence-building signal for retail investors. It reflects continued institutional conviction in the MapMyIndia business and could support positive sentiment around the stock.