The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nippon India Mutual Fund
JUBLFOOD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nippon India Mutual Fund (through Nippon Life India Trustee Ltd) has disclosed an open market purchase of 45,31,932 shares (0.6868%) of Jubilant FoodWorks Ltd, taking its total holding from 4.5011% to 5.1880% (3,42,32,511 shares). The acquisition was carried out gradually between April 19, 2022 and May 29, 2026. The disclosure was filed under Regulation 29(1) of SEBI's Takeover Regulations, which is triggered when an acquirer's holding crosses the 5% threshold. The acquirer is not part of the promoter group, making this an institutional/FII-style accumulation.
A reputed mutual fund crossing the 5% mark signals growing institutional confidence in Jubilant FoodWorks and could provide modest support to the stock. The incremental purchase size (~0.69%) is not large enough to materially move the share price, but the long accumulation period suggests sustained buying interest from the fund.