The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Motilal Oswal Balanced Advantage Fund
ELLEN · price
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Motilal Oswal Mutual Fund (through three of its schemes — Balanced Advantage Fund, Multi Cap Fund, and Business Cycle Fund) has acquired 2,50,000 additional equity shares (0.1774%) of Ellenbarrie Industrial Gases Ltd on September 4, 2025 through open market transactions. After this purchase, the combined holding of these MOAMC schemes stands at 1,20,00,000 shares, representing 8.5145% of the company's share capital, up from 8.3371% earlier. The disclosure is filed under Regulation 29(2) of SEBI Takeover Regulations, and the acquirer is not part of the promoter/promoter group. The company's total equity share capital remains unchanged at 14,09,35,600 shares of Rs. 2 face value.
This is a small incremental purchase by an institutional investor (mutual fund schemes), not by promoters, so direct share price impact is limited. However, the fund's growing stake (now close to 10%) signals continued institutional interest in the stock and brings it closer to the next major SAST disclosure threshold.