The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Albula Investments Fund Ltd
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Albula Investment Fund Ltd, a Mauritius-based Foreign Institutional Investor (FII), has reduced its holding in Shanti Educational Initiatives Ltd from 13,123,290 shares (8.1511%) to 9,829,710 shares (6.1054%), selling 3,293,580 shares (2.0457% of equity) through open market trades on 14 October 2025. The disclosure is filed under SEBI Takeover Regulations Regulation 29(2), and the acquirer is explicitly classified as NOT belonging to the promoter or promoter group. The attached trade history shows a continuous pattern of small-to-medium open market sell-offs carried out from December 2024 through mid-October 2025, gradually trimming the FII stake from around 8.15% to just above 6%. After this sale, Albula remains a significant non-promoter shareholder but its holding is now well below the 10% FII reporting threshold.
Continued selling by a foreign institutional investor signals weakening conviction and may exert mild downward pressure on the stock in the short term. Retail investors should note that promoter holding remains unaffected, as the seller is purely a financial investor exiting gradually in the open market.