The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for HDFC Mutual Fund
LUMAXIND · price
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HDFC Mutual Fund has disclosed acquisition of 15,000 equity shares (0.16%) of Lumax Industries Ltd via open market on September 17, 2025. This takes HDFC MF's aggregate holding across its schemes (including HDFC Small Cap Fund, HDFC Retirement Savings Fund – Hybrid Equity Plan, and HDFC Retirement Savings Fund – Hybrid Debt Plan) from 4,54,295 shares (4.86%) to 4,69,295 shares (5.02%). The acquirer is not part of the promoter/promoter group, and the equity share capital of the company stands at Rs. 9,34,77,320 (93,47,732 shares of Rs. 10 each). The disclosure was filed under Regulation 29(1) of the SEBI Takeover Regulations, 2011, which is triggered as the fund's holding has crossed the 5% disclosure threshold.
HDFC Mutual Fund has crossed the 5% regulatory disclosure threshold in Lumax Industries, signaling continued institutional interest in the stock. While the incremental buy is small (0.16%), the crossing of 5% may attract further buying or trigger the creeping acquisition limit (up to 10% without open offer). Existing shareholders should note rising institutional confidence but monitor for any further stake increase.