GUJENERGYBSEGujarat Gas LtdMediumNeutral
Announced Wed, 13 May · 16:20 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mirae Asset Mutual Fund

Ownership Changes View source PDF

GUJENERGY · 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 14 horizons · vs prior close
+3.0%1-day move
₹361.00
prior close
₹362.65
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+1.1+1.3+0.1+3.0+1.1+3.4+3.9+3.9+4.5+11.2+10.5-21.1
Up moveDown movePending
AI summary

Mirae Asset Mutual Fund acquired 34,036,014 equity shares (4.944%) of Gujarat Gas Ltd through open market purchase on May 12, 2026. Prior to this acquisition, Mirae Asset held 2,355,407 shares (0.342%). After the transaction, their total holding increased to 36,391,421 shares, representing 5.286% of the company's total share capital of 688,390,125 equity shares. Mirae Asset is a mutual fund and not part of the promoter/promoter group of Gujarat Gas. The acquisition was made via open market purchase, and no encumbrances or pledge-related details were reported.

Likely market impact

This is an FII/mutual fund increasing its stake in Gujarat Gas through open market buying, which is a routine institutional investment activity. The holding remains below the 10% threshold and is not indicative of any control intent.