Bharat Value Fund – Series III raises stake to 5.27% via open market purchase
Bharat Value Fund – Series III bought 18,60,465 shares (1.60%) of the company in the open market on trade date September 21, 2026.
- Shares Acquired
- 18,60,465 shares (1.60% of voting capital)
- Previous Holding
- 42,81,357 shares (3.67%)
- New Holding
- 61,41,822 shares (5.27%)
- Acquisition Mode
- Open Market, trade date September 21, 2026
- Face Value per Share
- Rs 2/-
What was shared
The company informed BSE and NSE that it received a disclosure from Bharat Value Fund – Series III under Regulations 29(2) and 29(3) of the SEBI Takeover Regulations. Such a disclosure is required when an investor's holding crosses certain thresholds.
The numbers
- Shares acquired: 18,60,465 equity shares, equal to 1.60% of voting capital
- Holding before: 42,81,357 shares, or 3.67%
- Holding after: 61,41,822 shares, or 5.27%
- Mode: Open Market, trade date September 21, 2026
- Securities: fully paid-up equity shares of face value Rs 2/- each
- Total equity of the company before and after: 11,65,11,627 shares
What it means
The acquirer does not belong to the promoter or promoter group. Because the total share count is unchanged, the shares were bought from other shareholders in the market rather than issued by the company, so there is no new money coming into the company and no dilution for existing holders.
Crossing the 5% level makes the fund a substantial shareholder for disclosure purposes, meaning further changes in its stake will also need to be reported. Investors often read a non-promoter institutional investor increasing its stake as a signal of interest, though the update itself is only a statutory disclosure of shareholding.
More numbers
- Shares acquired18,60,465
- Stake acquired1.60%
- Holding before42,81,357
- Stake before3.67 %
- Holding after61,41,822
- Stake after5.27 %
- Total equity shares of the company11,65,11,627
- Face value per shareRs 2/- each
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