Nippon Life India Asset Management Limited has sold shares of Cyient DLM Limited on behalf of Nippon India Mutual Fund. The disclosure, in compliance with SEBI regulations, indicates a change in shareholding. The sale involved a total of 75,000 shares, resulting in a decrease in voting rights. After the transaction, Nippon Life India holds 50,72,763 shares in Cyient DLM, representing 6.3917% of the total share/voting capital.
Details of Share Transaction
Nippon Life India Asset Management Limited announced the sale of shares in Cyient DLM Limited, a transaction executed on behalf of Nippon India Mutual Fund. The sale involved 75,000 shares of Cyient DLM Limited.
Impact on Shareholding
Prior to the sale, Nippon Life India held 51,47,763 shares, representing 6.4862% of the total share/voting capital. Following the sale of 75,000 shares, the company now holds 50,72,763 shares, which constitutes 6.3917% of the total share/voting capital of Cyient DLM Limited.
Transaction Details
The transactions occurred between January 21, 2025, and January 29, 2026. This disclosure is pursuant to regulations concerning substantial acquisition of shares and takeovers.
Source: BSE
