The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Wasatch Advisors LP
FIVESTAR · price
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US-based foreign investor Wasatch Advisors LP sold 63,741 shares of Five-Star Business Finance Ltd in the open market on December 26, 2025, reducing its stake by 0.03% from 7.26% to 7.23%. The total shares held after the sale stand at 21,307,031. The seller is not part of the promoter or promoter group. The equity share capital of the company remains unchanged at Rs. 294,533,548 (294,533,548 shares of Rs. 1 each). This is a routine SAST disclosure triggered because the cumulative change crossed the disclosure threshold.
The reduction is very small and unlikely to materially affect the stock price. It signals mild trimming by a foreign institutional investor, but their overall holding remains substantial at over 7%, indicating continued institutional confidence in the company.