The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for PPFAS Mutual Fund
CMSINFO · price
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PPFAS Mutual Fund, acting through its various schemes, bought 1,50,000 shares of CMS Info Systems on March 24, 2026 via the open market. This raised its total holding from 1,29,74,573 shares (7.88%) to 1,31,24,573 shares (7.97%) of the company's equity. PPFAS is not part of the promoter/promoter group, so this is a purely institutional (mutual fund) purchase. The disclosure was filed under SEBI's Takeover Regulations because the fund's holding is now inching closer to the 10% regulatory threshold, which is significant for further acquisition limits.
This is a small, incremental institutional buy that shows continued mutual fund confidence in CMS Info Systems, but the 0.09% increase is unlikely to move the stock price meaningfully. Shareholders should note that PPFAS is approaching the 10% disclosure threshold, which could attract more attention from regulators and other investors.