ACRE trims Visa Chrome stake to 2.61 pct via open market sale
VISACHROME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Assets Care & Reconstruction Enterprise Ltd (ACRE), acting as trustee for security receipt holders across multiple ACRE trusts, sold about 67.5 lakh shares (4.63 percent) of Visa Chrome in the open market on August 27, 2026. Its holding fell from 7.25 percent (1.05 crore shares) to 2.61 percent (about 38 lakh shares), crossing below the 5 percent disclosure threshold. ACRE is not part of the promoter group, so this is a non-promoter institutional exit triggered by a change exceeding 2 percent under SEBI Takeover Regulations.
Large non-promoter institutional seller crossing the 5 percent threshold may add short-term supply pressure on the stock and is a negative overhang signal.