Nippon Life India Asset Management Limited has filed a disclosure regarding the acquisition of shares in Syngene International Limited on behalf of the Nippon India Mutual Fund. The transactions, categorized as Open Market purchases, occurred between July 29, 2015, and February 13, 2026. This action resulted in the holding of the acquirer and Persons Acting in Concert (PAC) increasing to 5.0804% of the total voting capital of Syngene.
Shareholding Disclosure Filing
Nippon Life India Asset Management Limited has issued a formal notification concerning the substantial acquisition of equity shares in SYNGENE INTERNATIONAL LIMITED. This transaction was executed on behalf of the Nippon India Mutual Fund, managed through Nippon Life India Trustee Limited.
Pre and Post-Acquisition Shareholding
Prior to the acquisition under consideration, the holding of the acquirer and its PACs stood at 1,98,96,140 shares, representing 2.4689% of the total voting capital. Following the latest transactions, the total holding has increased to 2,04,70,775 shares, which now constitutes 5.0804% of the total equity share capital of Syngene International Limited.
The acquisition details confirm that the acquirer purchased 5,74,635 shares through the transactions, representing a 2.6115% increase in voting rights.
Transaction Details
The Mode of acquisition was through the Open Market. The transactions were executed over an extended period, commencing on July 29, 2015, and concluding on February 13, 2026.
The reported equity share capital details for Syngene International Limited remain consistent before and after the acquisition. The total voting capital is valued at Rs 4,02,93,94,200/-, based on 40,29,39,420 shares at a face value of Rs. 10 per share.
Acknowledgement
The disclosure, adhering to the requisite regulatory framework, was signed by an Authorised Signatory in Mumbai on February 17, 2026.
Source: BSE
