Mirae Asset MF raises Sapphire Foods stake to 6.34% via open market buy

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

SAPPHIRE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+3.2%1-day move

₹182.11

prior close

₹182.24

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.1+0.4+0.2+0.3+3.2+5.3+2.4+2.1-2.0-0.6+0.3-0.6——

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AI summary

Mirae Asset Mutual Fund acquired 33.5 lakh shares (1.042%) of Sapphire Foods India on June 16, 2026 through open market purchases. Total holding rose from 1.70 crore shares (5.295%) to 2.04 crore shares (6.337%). The acquirer is not part of the promoter group. Disclosure filed under SEBI SAST Regulation 29(2).

Likely market impact

Bullish - large institutional investor accumulating; holding now near the 10% trigger level under takeover rules.