HDFC Mutual Fund has reported a decrease in its shareholding in Bajaj Electricals Ltd. The aggregate holding has reduced by 2.01%, bringing the total stake to 7.25% as of October 26, 2026. This change follows a previous disclosure of 9.28% holding as of August 21, 2024. The transaction was executed via the open market.
HDFC Mutual Fund Reduces Stake in Bajaj Electricals
HDFC Mutual Fund has announced a reduction in its aggregate holding in Bajaj Electricals Ltd. The investment manager for the HDFC Mutual Fund schemes informed Bajaj Electricals that its stake has decreased by 2.01%. This latest disclosure aligns with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Shareholding Details
As of October 26, 2026, HDFC Mutual Fund’s holding in Bajaj Electricals Ltd. stands at 7.25% of the company’s paid-up equity share capital. This represents a change from their previous disclosure on August 21, 2024, when the aggregate holding was 9.28%. The paid-up equity share capital of Bajaj Electricals as of October 26, 2026, comprises 11,54,23,636 equity shares with a face value of Rs. 2/- each, amounting to Rs. 23,08,47,272/-.
The acquisition and sale details indicate that the shares were acquired/sold via the Open Market. Specifically, 23,25,060 shares were involved in the transaction, accounting for the 2.01% change in holding. The total holding after the sale is 83,69,258 shares, representing 7.25% of the total equity.
The disclosure also details the equity share capital and total voting capital of Bajaj Electricals Ltd. before and after the said acquisition/sale. Both figures remain constant at Rs. 23,08,47,272/-, comprising 11,54,23,636 equity shares of Rs. 2/- each, as the transaction involved a portion of the existing share capital rather than an increase or decrease in the total outstanding shares.
Source: BSE
