The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nippon India Mutual Fund
CYIENTDLM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nippon India Mutual Fund (acting through Nippon Life India Trustee Limited) sold 75,000 shares of Cyient DLM Limited (0.0945% of the company's share capital) through open-market transactions during the period January 21, 2025 to January 29, 2026. This is a non-promoter, institutional (FII/mutual fund) sale filed under the substantial acquisition disclosure rules. Following the sale, Nippon India's holding in Cyient DLM came down from 51,47,763 shares (6.4862%) to 50,72,763 shares (6.3917%). The company's total equity share capital remains Rs. 79.36 crore, comprising 7,93,64,396 shares of Rs. 10 each.
This is a minor portfolio trimming by a large institutional investor; Nippon India Mutual Fund continues to hold a meaningful 6.39% stake in Cyient DLM, so the long-term institutional interest is largely intact. For shareholders, this is a routine disclosure rather than a signal of stress, though it may create mild short-term supply pressure given the open-market route.