Kotak MF crosses 5 percent stake in Lohia Corp via open market purchase
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On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kotak Mahindra Mutual Fund bought 3,37,058 equity shares equal to 0.32 percent of Lohia Corp on 9 October 2026 through open market purchases. This takes its holding from 4.97 percent to 5.29 percent, crossing the 5 percent disclosure threshold under SEBI Substantial Acquisition rules. KMMF is not part of the promoter group. Lohia Corp has 10.56 crore equity shares of Rs 1 each outstanding.
A domestic mutual fund crossing 5 percent signals institutional confidence and may support the stock. Investors should watch for further buying or any open offer trigger.