The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mirae Asset Mutual Fund
IEX · price
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Mirae Asset Mutual Fund sold 1,696,145 shares of Indian Energy Exchange Ltd (IEX) in an open market transaction on April 20, 2026. The sale reduced their holding from 10,888,387 shares (1.22%) to 9,192,242 shares (1.03%) of the company's total equity capital of 891,692,735 shares. Mirae Asset is classified as a non-promoter institutional investor, so this disclosure is filed under Regulation 29(2) of SEBI SAST Regulations as a substantial disposal. The transaction represents a modest 0.19% reduction in their position.
The sale by Mirae Asset Mutual Fund indicates a reduction in institutional holding but is relatively small in percentage terms. As a non-promoter entity, this does not signal promoter sentiment. The open market sale of approximately 17 lakh shares may have a minor negative undertone for the stock, though the impact is limited given the small percentage involved.