ZENTECBSEZEN Technologies LtdMediumNeutral
Announced Sat, 28 Feb · 10:48 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Motilal Oswal ELSS Tax Saver Fund & Others

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

ZENTEC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nine schemes of Motilal Oswal Mutual Fund collectively acquired 55,352 shares (0.06% stake) of Zen Technologies Ltd on February 23, 2026, through open market transactions. This pushed their combined holding from 4.97% to 5.03%, crossing the 5% substantial shareholder threshold and triggering a mandatory disclosure under SEBI Takeover Regulations. The acquirer is not a promoter or promoter group. Total equity share capital of Zen Technologies stands at 9,02,90,356 shares with face value of Rs. 1.

Likely market impact

Mildly positive for shareholders — a major domestic mutual fund group increasing exposure and crossing the 5% mark signals institutional confidence in the defence-sector stock. However, the incremental purchase is very small (just 55,352 shares), so the immediate price impact is likely negligible.