Nippon India MF sells 4,99,917 UTI AMC shares via open market
UTIAMC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts less than Nifty Smallcap 250 and 0.6 pts more than its Asset Management Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Nippon India Mutual Fund sold 4,99,917 shares (0.3889 percent) of UTI AMC through open market between July 2023 and September 2026. Holding fell from 3.5596 percent (45,75,418 shares) to 3.1706 percent (40,75,501 shares). Nippon is not a promoter. Filed under SEBI SAST Regulation 29(2).
Non-promoter institutional sale reducing stake by 0.39 percentage points. Limited direct price impact; reflects gradual rebalancing by the fund.