Nuvama Fund cuts Sudeep Pharma stake to 6.0% via open market sales
SUDEEPPHRM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.3 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Nuvama Crossover Opportunities Fund sold 26,68,118 shares (2.4%) of Sudeep Pharma in the open market between 15 June and 24 July 2026, reducing its stake from 8.4% to 6.0%. The fund originally held 94,51,295 shares acquired via pre-IPO preferential allotment and IPO buying. Nuvama is not classified as a promoter. The 2% cumulative change triggered disclosure under SEBI takeover rules.
Institutional selling may pressure stock near-term. Holding drop from 8.4% to 6.0% signals reduced FII interest.