The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SMALLCAP World Fund, Inc.
TIINDIA · price
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Awaiting price reaction for this filing.
SMALLCAP World Fund, Inc., a foreign institutional investor, sold 46,42,110 equity shares (2.4020% of the company's share capital) of Tube Investments of India in the open market on 28 January 2026. The fund's holding fell from 1,07,92,862 shares (5.5805%) to 61,50,752 shares (3.1785%), a reduction of roughly 43% of its previous position. The transaction was a net sale through the open market. The disclosure was filed under SEBI Takeover Regulations, 2011 on 29 January 2026 by Capital Research and Management Company, the fund's investment adviser.
A notable FII trimming its stake by over 2 percentage points may weigh on short-term sentiment and create mild supply pressure on the stock, though this is typical portfolio rebalancing by a global fund rather than a fundamental red flag.