The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Motilal Oswal Nifty Midcap 100 ETF & Others
DIXON · price
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Awaiting price reaction for this filing.
Twenty-five schemes of Motilal Oswal Mutual Fund together acquired an additional 65,809 shares (0.1088%) of Dixon Technologies through market transactions on June 26, 2024. Their combined holding rose from 29,97,434 shares (4.9563%) to 30,63,242 shares (5.0651%), taking them past the 5% disclosure threshold under SEBI's Takeover Regulations. The acquirer is not part of the promoter group and is purely an institutional investor. This filing under Regulation 29(2) was made on August 19, 2025, more than a year after the actual purchase date.
This is a routine institutional disclosure triggered by crossing the 5% ownership mark, not a promoter action. It signals growing mutual fund conviction in Dixon's business but is unlikely to move the stock price materially.