Mitsubishi UFJ Financial Group (MUFG) has decreased its indirect stake in Elgi Equipments Limited to 2.11% of ordinary share capital as of November 25, 2025. This reduction is a result of MUFG’s sale of First Sentier Investors (Hong Kong) Limited and First Sentier Investors (Singapore), entities that directly held shares in Elgi Equipments Limited. The sale involved 1,380,405 shares.
Stake Reduction Details
As of November 25, 2025, Mitsubishi UFJ Financial Group (MUFG) holds an aggregated interest of 2.11% in Elgi Equipments Limited. This is based on 6,674,650 shares out of a total of 315,701,778 voting rights.
Transaction Overview
The stake reduction occurred due to the sale of First Sentier Investors (Hong Kong) Limited and First Sentier Investors (Singapore) by MUFG. These entities directly held shares in Elgi Equipments Limited.
Change in Shareholding
Prior to the sale, MUFG held 8,055,055 shares, representing 5.08% of the total share/voting capital. The sale involved 1,380,405 shares, reducing the holding to 6,674,650 shares (2.11%).
Source: BSE
