The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for JM Financial India Fund II, a scheme of JM ....
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JM Financial India Fund II, a scheme of JM Financial India Trust II, has sold its entire 24.50% stake (34,99,030 equity shares) in India Home Loan Limited through an off-market transaction on September 3, 2025. The seller was not part of the promoter/promoter group. After the disposal, the fund's holding in the company has come down to zero. The total equity share capital of India Home Loan remains unchanged at 1,42,81,755 shares of Rs. 10 each.
A major institutional investor has completely exited the company, which could affect shareholder composition and short-term price stability. Shareholders should watch for clarity on who bought the 24.5% stake and whether the change in ownership brings any strategic shift.