The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for 360 ONE Monopolistic Market Intermediairies Fund
SEDEMAC · price
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360 ONE Monopolistic Market Intermediaries Fund (along with 360 ONE Special Opportunities Fund - Series 8) sold 8,97,861 equity shares (2.03% of total equity) of Sedemac Mechatronics Limited in the open market on April 9, 2026. Before the sale, the acquirer held 26,91,150 shares (6.09%). After the sale, holding reduced to 17,93,289 shares (4.06%). The acquirer confirmed it does not belong to the Promoter/Promoter group. This disposal triggers the requirement under Regulation 29(2) as the holding fell by more than 2% of total shareholding.
This is a significant open market sale by a non-promoter institutional investor reducing their stake by over 2 percentage points. Such substantial selling may exert downward pressure on the stock price, especially if volumes are thin.