The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for PPFAS Mutual Fund
CMSINFO · price
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Awaiting price reaction for this filing.
PPFAS Mutual Fund, through its various schemes, bought 17,64,757 shares (1.07%) of CMS Info Systems on 26 February 2026 through open market transactions. This takes PPFAS's total holding in the company from 79,83,312 shares (4.85%) to 97,48,069 shares (5.93%). The acquisition was disclosed under SEBI's SAST Regulation 29(1), which requires investors to disclose holdings once they cross the 5% threshold. PPFAS is not part of the promoter group and the company's total share capital remains unchanged at 16,44,72,541 shares.
Positive signal for the stock as a well-known mutual fund increased its stake, indicating institutional confidence. PPFAS crossing the 5% disclosure mark could attract more attention from other institutional investors tracking the stock.