The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for 3P India Equity Fund
DIFFNKG · price
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Awaiting price reaction for this filing.
3P India Equity Fund, a Category II Alternative Investment Fund (AIF) managed by 3P Investment Managers, sold 9,82,476 equity shares (2.63%) of Diffusion Engineers Ltd through the open market on December 22, 2025. This brings down their total holding from 19,93,729 shares (5.33%) to 10,11,253 shares (2.70%), falling below the 5% disclosure threshold. The sale was carried out in tranches since their last disclosure on October 4, 2024, and the cumulative reduction finally crossed the 2% trigger, requiring this SAST disclosure. The acquirer has confirmed it is not part of the promoter/promoter group. Diffusion Engineers' total equity share capital remains Rs. 37.42 crore (3,74,26,259 shares of Rs. 10 each).
An institutional investor exiting a meaningful position below the 5% threshold may signal reduced institutional conviction and could exert mild short-term pressure on the stock price, though the sale was executed through the open market.