The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for HDFC Mutual Fund
WAKEFIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HDFC Mutual Fund, along with its Persons Acting in Concert (HDFC Children's Fund, HDFC Consumption Fund, and HDFC Small Cap Fund), has acquired 30,00,000 equity shares (0.91%) of Wakefit Innovations Ltd through open market purchases on March 23, 2026. This takes their aggregate holding from 4.52% to 5.43% of the company's paid-up equity share capital, crossing the 5% disclosure threshold under SEBI's Takeover Regulations. The acquisition was purely an open market purchase and HDFC Mutual Fund does not belong to the promoter or promoter group of Wakefit. Wakefit's total paid-up equity stands at Rs. 32.99 crore divided into 32,99,66,749 shares of Re. 1 each, listed on both BSE and NSE.
This is a positive signal showing institutional confidence in Wakefit Innovations, with a reputed mutual fund house increasing its stake beyond the 5% mark. For shareholders, it suggests sustained institutional buying interest, though the 0.91% incremental purchase is moderate in size relative to total holdings.