The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Zeal Global Opportunities Fund - FCCB
ORCHASP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Zeal Global Opportunities Fund, a non-promoter Mauritius-based fund, has reduced its holding in Orchasp Ltd through open market sales across multiple dates (Feb–Mar 2025 and May 2026). The fund disposed of 74,92,416 shares, reducing its stake from 10.64% to 8.48% of the company's total share capital of 34,64,25,366 equity shares. The mode of acquisition/disposal was open market transactions. The acquirer is not part of the promoter group.
A non-promoter institutional fund trimming its stake by 2.16 percentage points to below 10% may signal a reduction in institutional confidence, though the open market nature and relatively modest quantum suggests no immediate concern for retail shareholders.