The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for DSP Trustee Pvt Ltd
KNRCON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
DSP Trustee Private Limited, acting on behalf of schemes of DSP Mutual Fund (DSP ELSS Tax Saver Fund, DSP India T.I.G.E.R Fund, DSP Large & Mid Cap Fund, DSP Nifty Smallcap 250 Quality 50 Index Fund, and DSP Small Cap Fund), sold 8,35,768 shares of KNR Constructions on June 10, 2025 through open market transactions. Post-sale, DSP MF's aggregate holding (along with PACs) stands at 81,51,188 shares, or 2.90% of the paid-up capital, down from 89,86,956 shares (3.20%) prior to the sale. The disclosure is being filed under Regulation 29(2) because the cumulative change in holding since the last report in April 2017 (when it crossed 5%) exceeds 2% of total shareholding.
This is a routine portfolio rebalancing by a mutual fund, not a promoter-driven action. DSP MF remains a meaningful institutional holder at 2.90%, but its reduced presence may modestly soften institutional demand support for the stock in the near term.