SAIF Partners India IV Limited has disclosed the disposal of 23,498,583 shares, representing 3.67% of the total shareholding, in One97 Communications Limited. This transaction, executed on August 4, 2026, through the open market, has adjusted the holding of SAIF Partners India IV Limited and its associated entities. Following the sale, SAIF Partners India IV Limited’s stake reduced to 2.98%, while the overall holding of SAIF III Mauritius Company Limited and other related parties also saw a decrease.
SAIF Partners India IV Discloses Share Disposal
SAIF Partners India IV Limited has officially notified the stock exchanges regarding the disposal of a significant portion of its holdings in One97 Communications Limited. The company divested 23,498,583 shares, which amounts to 3.67% of the total voting capital. This transaction took place on August 4, 2026, and was conducted through the open market.
Impact on Holdings
Prior to this disposal, SAIF Partners India IV Limited held a total of 92,313,737 shares, representing 14.40% of the total share capital. After the sale, the company’s direct holding has decreased to 68,815,154 shares, bringing its stake down to 10.73%. The disclosure also breaks down the holdings of various entities within the SAIF Group, including SAIF III Mauritius Company Limited, and others like Elevation Capital V Limited and Elevation Capital V FII Holdings Limited, showing their respective shareholding percentages before and after the disposal.
Shareholding Details Post-Disposal
Following the sale, SAIF III Mauritius Company Limited’s shareholding in One97 Communications stands at 44,999,394 shares (7.02%), SAIF Partners India IV Limited at 19,103,740 shares (2.98%), Elevation Capital V Limited at 827,960 shares (0.13%), and Elevation Capital V FII Holdings Limited at 3,884,060 shares (0.61%). The total equity share capital of One97 Communications Limited remains unchanged at Rs. 641,133,110/-, comprising 641,133,110 equity shares of face value Rs. 1/- each.
Source: BSE
