BSEEmerald Finance LtdMediumNeutral
Announced Fri, 22 Aug · 10:29 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Investi Global Opportunity Fund PCC Cell 1

Fii Holding DeclinedOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Investi Global Opportunity Fund PCC Cell 1, a Mauritius-based entity (not part of promoter group), has sold 6,97,192 equity shares of Emerald Finance Ltd (2.02% of share capital) through open market between June 10, 2025 and August 18, 2025. This reduced its holding from 16,68,241 shares (4.83%) to 9,71,049 shares (2.81%). The disclosure was filed under SEBI Takeover Regulations, 2011. The company's total equity share capital remains unchanged at 3,45,40,319 shares.

Likely market impact

A foreign institutional investor has trimmed its stake by nearly half in absolute terms, which is mildly negative signal as it indicates reduced confidence from this foreign fund, though the post-sale holding of 2.81% is still meaningful.