The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Albula Investment Fund Ltd
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Awaiting price reaction for this filing.
Albula Investment Fund Ltd, a Mauritius-based foreign institutional investor, has reduced its holding in Shanti Educational Initiatives Ltd from 9,829,710 shares (6.11%) to 6,557,122 shares (4.07%), a sale of 3,272,588 shares representing 2.03% of the company's equity. The shares were sold in tranches on the open market between 16 October 2025 and 7 November 2025, for an aggregate value of roughly Rs 36.9 crore. The acquirer is not part of the promoter group, and no encumbrance (pledge/lien) is involved. The filing is made under Regulation 29(2) of the SEBI Takeover Regulations for changes exceeding 2% in a financial year.
This is a notable exit by a foreign institutional investor, with the FII cutting its stake by about one-third over three weeks. The open-market selling pressure could weigh on short-term sentiment, though the reduced FII holding means lower future overhang risk from this particular holder.