The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for CIM Investment Fund CAV - CIM Dividend Income Fund
Awaiting price reaction for this filing.
IRB InvIT Fund disclosed a SEBI Regulation 29(1) filing from CIM Investment Fund ICAV - CIM Dividend Income Fund, a foreign investor managed by Santa Lucia Asset Management. The fund acquired 38,000,000 units (3.387% stake) through a preferential allotment (institutional placement) on 14th October 2025. Post-acquisition, CIM Investment Fund ICAV's holding rose from 4.673% (25,200,000 units) to 5.805% (62,098,000 units). Along with its PAC LGT Select Fund, combined holdings stand at 65,126,000 units. The acquirer is not classified as a promoter of the trust.
Positive sign of foreign institutional confidence in IRB InvIT Fund, but the preferential issue is dilutive for existing unitholders as it expands the unit base. No direct promoter action involved.