The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mirae Asset Mutual Fund
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Mirae Asset Mutual Fund has filed a disclosure under SEBI's Takeover Regulations reporting an acquisition of 31,25,019 equity shares in SKF India (Industrial) Ltd, bringing its total holding to 6.32% of the company's share capital. The shares were acquired on 9 December 2025 through the open market. Notably, before this filing, Mirae Asset's holding was reported as zero, suggesting the 6.32% stake arose from the demerger of SKF India Limited (where Mirae Asset may have been an existing shareholder), rather than a fresh market purchase. The filing itself notes that 'there was no acquisition by AMC,' pointing to an automatic share allocation following the corporate restructuring.
For retail investors, this clarifies that a large institutional name like Mirae Asset MF appearing on the shareholder list of SKF India (Industrial) Ltd is a result of the recent demerger, not active buying. The institutional ownership provides stability but is not a fresh vote of confidence from a new investor entering the stock.