Motilal Oswal Asset Management Company (MOAMC), acting as the Investment Manager for various Motilal Oswal Mutual Fund Schemes, has reported an acquisition involving Religare Enterprises Limited (REL). The disclosure details a minor disposal of shares on March 02, 2026. Following the transaction, the total shareholding of the Schemes in REL stands at 5.2118% of the total voting capital, down slightly from the previous holding of 5.2123%.
Disclosure of Shareholding Changes in Religare Enterprises
Motilal Oswal Asset Management Company Limited, managing the Schemes of Motilal Oswal Mutual Fund, has filed a disclosure regarding changes in its holding in the target company, Religare Enterprises Limited (REL). The report adheres to the requirements mandated under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
Acquirer Details and Scope
The entities involved in holding the shares include several Motilal Oswal Mutual Fund Schemes: Motilal Oswal Focused Fund, Motilal Oswal ELSS Tax Saver Fund, Motilal Oswal Large and Midcap Fund, Motilal Oswal Nifty Microcap 250 Index Fund, Motilal Oswal Services Fund, and Motilal Oswal BSE 1000 Index Fund. The shares are listed on both the BSE Limited and the National Stock Exchange of India Limited.
Holding Before Disposal (As of Previous Filing)
Prior to the reported transaction, the total holding across all schemes comprised 1,73,43,445 shares carrying voting rights. This represented 5.2123% of the total share capital and the total diluted share capital of Religare Enterprises Limited.
Details of Disposal
The actual disposal event took place on March 02, 2026, through Market Transactions. The number of shares carrying voting rights disposed was 1,662 units. This disposal reduced the holding by 0.0005% relative to the total capital.
Holding After Disposal
Post-disposal, the total holding of shares carrying voting rights held by the Schemes stands at 1,73,41,783 units. This new quantum translates to 5.2118% of the equity share capital and the total diluted share capital of REL.
Capital Structure Context
The announcement confirms that the equity share capital of REL before the said disposal was 33,27,40,479 equity shares (Face value of Rs. 10 each). Following the transaction, the total diluted share/voting capital stood at 39,67,97,119 units (Face value of Rs. 10 each).
Source: BSE
