Coronation Fund Managers Ltd. has Submitted to the Exchange a copy of Disclosure under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Coronation Fund Managers Ltd., acting as a discretionary fund manager for multiple pooled funds (PACs), acquired 475,000 additional equity shares of Le Travenues Technology Limited through open market purchases on 30 March 2026. Before this acquisition, Coronation held 30,235,261 shares (6.90% of share capital). After the acquisition, its total holding increased to 30,710,261 shares representing 7.01% of the equity share capital and 6.71% of the diluted share capital. The acquirer confirmed it does not belong to the Promoter or Promoter group of the company. The transaction was conducted in the open market.
Coronation Fund Managers, a foreign institutional investor, has increased its stake to just over 7%, continuing a pattern of gradual accumulation toward the 10% threshold that would trigger additional regulatory obligations under SEBI SAST regulations.