The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nippon India Mutual Fund
VSTTILLERS · price
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Awaiting price reaction for this filing.
Nippon India Mutual Fund (a foreign/domestic institutional investor, not a promoter) sold 28,169 shares of VST Tillers Tractors in the open market between October 29, 2025 and February 13, 2026, representing 0.33% of the company's equity. After this sale, Nippon India MF's holding in the company declined from 5,75,364 shares (6.66%) to 5,47,195 shares (6.33%). The shares were sold on the NSE and BSE, and the filing is a routine regulatory disclosure required when a non-promoter shareholder's holding crosses certain thresholds or changes materially.
This is a minor trimming of position by an institutional investor (less than 0.5% of equity). The sale is too small to materially affect the stock price or signal any major shift in institutional sentiment, though it confirms that this FII/MF is gradually reducing its stake.