The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Franklin Templeton Mutual Fund
SYRMA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Franklin Templeton Mutual Fund (through its various schemes) bought 1,67,780 equity shares (0.094%) of Syrma SGS Technology on July 9, 2025, through open market purchase. The entire acquisition was made via Franklin India Flexi Cap Fund. After this buy, Franklin Templeton's aggregate holding rose from 4.975% (88,63,463 shares) to 5.069% (90,31,243 shares), crossing the 5% disclosure threshold under SEBI Takeover Regulations. The acquirer is not part of the promoter/promoter group. Total equity capital of Syrma SGS stands at approximately 178.16 crore shares.
This is a minor incremental purchase by an existing institutional investor crossing the 5% reporting threshold, signaling continued institutional confidence but unlikely to materially impact the stock price given the small size (0.094%) of the acquisition.