The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bandhan Mutual Fund
VMART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bandhan Mutual Fund (formerly IDFC Mutual Fund) acquired 22,221 equity shares (0.0280%) of V-Mart Retail Ltd through open market purchases on July 11, 2025. This small acquisition pushed its combined holding across three schemes (Bandhan ELSS Tax Saver Fund, Bandhan Multi Cap Fund, and Bandhan Nifty Total Market Index Fund) from 4.9846% to 5.0126% of the company's paid-up capital. The disclosure was filed under SEBI Regulation 29(1) of the Takeover Code since the acquisition crossed the 5% substantial shareholder threshold. Bandhan MF is not classified as a promoter; it is an institutional investor with holdings spread across multiple mutual fund schemes.
Crossing the 5% threshold means Bandhan MF is now a 'substantial shareholder' under SEBI rules and must disclose any further changes of more than 2% going forward. While the incremental buy is tiny, the crossing of this key regulatory level signals continued institutional interest in V-Mart Retail and could attract attention from other institutional investors tracking large holders.