The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nippon India Mutual Fund
ESABINDIA · price
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Nippon India Mutual Fund has filed a disclosure under SEBI Takeover Regulations after its stake in Esab India Limited crossed the 5% mark. The fund acquired 4,11,141 shares (2.67% of equity) through open market purchases made between October 16, 2020 and February 19, 2026. With this acquisition, its total holding rose from 4,11,697 shares (2.67%) to 8,22,838 shares (5.35%). The acquirer does not belong to the promoter or promoter group, and the total equity share capital of Esab India remains Rs 15.39 crore (1,53,93,020 shares of Rs 10 each).
A reputed mutual fund crossing the 5% disclosure threshold signals growing institutional confidence in Esab India, which is mildly positive for the stock. For retail investors, it indicates a large, informed buyer accumulating the stock over several years.