The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Motilal Oswal Mutual Fund
RELIGARE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Motilal Oswal Mutual Fund, through its various schemes, has reported acquisition of shares of Religare Enterprises Ltd to the exchange. The disclosure is filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011. The filing was made by Aparna Karmase, Head of Compliance, Legal & Secretarial at Motilal Oswal Asset Management Company. The exact number of shares acquired and the resulting shareholding percentage are not mentioned in the available document.
An institutional investor like Motilal Oswal Mutual Fund accumulating shares of Religare Enterprises is a mildly positive signal indicating institutional confidence, though the lack of specific share numbers in the disclosure limits assessment of the scale of the acquisition.