The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nippon India Mutual Fund
GOCOLORS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nippon India Mutual Fund disclosed the acquisition of 7,17,502 equity shares (1.33%) of Go Fashion (India) Ltd through open market purchases between August 6, 2025 and October 16, 2025. This took the fund's total holding from 36,59,364 shares (6.78%) to 43,76,866 shares (8.10%) of the company. The acquirer is not part of the promoter/promoter group. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, which is triggered when an acquirer's holding crosses certain thresholds.
A meaningful institutional buying signal — Nippon MF has steadily built its position to 8.1%, nearing the 10% disclosure threshold. Rising institutional ownership is generally viewed positively by the market, suggesting confidence in the company's prospects.