Nippon India Mutual Fund, through Nippon Life India Trustee Limited, has acquired shares in Sundram Fasteners Limited. The disclosure, filed on August 7, 2026, under SEBI Regulations, indicates the purchase of 288,665 shares, representing 0.1374% of the total share capital. Following this acquisition, the fund’s total holding in Sundram Fasteners stands at 1,06,22,030 shares, or 5.0550% of the total equity.
Nippon India Mutual Fund Acquires Sundram Fasteners Shares
Nippon India Mutual Fund, acting through its trustee Nippon Life India Trustee Limited, has disclosed the acquisition of a significant stake in Sundram Fasteners Limited. This disclosure, made on August 7, 2026, complies with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Acquisition Details
The fund acquired 288,665 equity shares in Sundram Fasteners Limited during the reporting period. This transaction represents approximately 0.1374% of the company’s total share capital, both on a diluted and non-diluted basis. The acquisition was made through the Open Market.
Current Holding
Following this recent purchase, the total holding of Nippon India Mutual Fund, along with Persons Acting in Concert (PACs), in Sundram Fasteners Limited amounts to 1,06,22,030 shares. This translates to a cumulative stake of 5.0550% of the total equity share capital and voting capital of Sundram Fasteners Limited. The transactions leading to this holding occurred between April 21, 2004, and August 05, 2026.
Source: BSE
