HDFC Mutual Fund has reported a significant increase in its aggregate shareholding in Vishal Mega Mart Limited. As of February 27, 2026, the holding increased by 2.90%, bringing the total stake to 8.81% of the paid-up equity share capital. The acquisition was executed via the Open Market. This disclosure was formally submitted on March 04, 2026, detailing the transaction under prevailing takeover regulations.
Mandatory Disclosure of Shareholding Change
HDFC Asset Management Company Limited, acting as the Investment Manager for the Schemes of HDFC Mutual Fund, has formally notified an increase in its shareholding in Vishal Mega Mart Limited (“The Company”). This disclosure is made pursuant to mandatory regulatory requirements concerning substantial acquisition of shares.
Aggregate Holding Increases by 2.90%
The announcement, dated March 04, 2026, confirms that an increase of 2.90% in shareholding occurred. This change brought the aggregate holding of HDFC Mutual Fund Schemes to 8.81% of the total paid-up equity share capital as of February 27, 2026.
Key figures related to the holding:
- Previous Holding (as of June 17, 2025): 5.94% (based on a capital of Rs. 46,47,67,99,870/-).
- New Aggregate Holding (as of February 27, 2026): 8.81% (based on a capital of Rs. 46,73,00,28,060/-).
Details of Acquisition
The details provided in Annexure 1 specify the transactional data leading to this change:
Holding Before Acquisition
Prior to the consideration, the total holding of shares carrying voting rights stood at 27,59,79,415 shares, representing 5.91% of the total share capital.
Details of Acquisition/Sale
The total number of shares carrying voting rights acquired during this period amounted to 13,55,87,022 shares, which corresponds precisely to the 2.90% increase reported.
Holding After Acquisition
Following the acquisition, the new total holding of shares carrying voting rights is 41,15,66,437 shares, resulting in the final reported stake of 8.81%.
Method and Date of Transaction
The mode of acquisition utilized for this purchase was the Open Market. The effective date recorded for the acquisition of shares, which triggers this disclosure, was February 27, 2026.
The filing confirms that HDFC Mutual Fund does not belong to the Promoter/Promoter group of Vishal Mega Mart Limited.
Source: BSE
