The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nalanda India Equity Fund Ltd
INDIAMART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mauritius-based FII Nalanda India Equity Fund Ltd has sold 423,115 shares (0.70%) of IndiaMART InterMESH through the open market on 24-Mar-2026 (settlement 25-Mar-2026). Post-sale, the fund's holding has come down from 5.14% (3,090,739 shares) to 4.44% (2,667,624 shares). Nalanda is not part of the promoter/promoter group, classifying this as an institutional investor trimming its position. The total share capital of IndiaMART remains at 60,08,71,480 shares. With the holding now below the 5% mark, Nalanda's regulatory disclosure obligations under SEBI SAST Regulations reduce going forward.
This is a mild negative signal as a foreign institutional investor is exiting a portion of its position, but the 0.70% sale is relatively small and absorbed in open-market trade, so price impact is likely limited. Falling below 5% means reduced future disclosure requirements, but the overall FII sentiment for the stock warrants monitoring.