The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nalanda Equity Fund Ltd
INDIAMART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nalanda India Equity Fund Limited, a foreign portfolio investor based in Mauritius, has sold 423,115 shares (0.07%) of IndiaMART InterMESH in the open market on 24 March 2026. Before the sale, Nalanda held 3,090,739 shares (5.14%); after the sale, its holding stands at 2,667,624 shares (4.44%), crossing below the 5% disclosure threshold. The total diluted share capital of IndiaMART is around 60.09 crore shares. Nalanda is not part of the promoter/promoter group. This disclosure is filed because the disposal has taken Nalanda's holding below the 5% mark, which is the trigger for this mandatory disclosure.
A small trimming of stake by a foreign institutional investor, likely a routine portfolio rebalancing move rather than a bearish signal. The marginal sale size (0.07%) and the fund still holding over 4.4% suggest continued interest in the stock, so the direct share-price impact should be limited.