Tata Mutual Fund, through its various schemes including the Tata Small Cap Fund, has increased its shareholding in C.E. Info Systems Limited (MapmyIndia). The acquisition totaled 1,00,000 equity shares via secondary market purchases on March 4, 2026. This transaction pushed the acquirer’s total voting rights to 5.1588% of the total diluted share capital, up from 4.9761% previously held.
Shareholding Change Notification
C.E. Info Systems Limited has formally disclosed a material acquisition of shares by Tata Mutual Fund, acting through its various managed schemes. This disclosure fulfills the requirements under the relevant takeover regulations concerning substantial acquisitions.
Acquisition Details
The acquirer, Tata Mutual Fund, along with its associated entities, executed the transaction via Secondary Market Purchase. The total number of shares acquired was 1,00,000 Equity Shares on March 4, 2026. The mode of acquisition was the open market, indicating standard trading activity.
Pre and Post Acquisition Holding
Prior to this acquisition, the holding of Tata Mutual Fund across its schemes stood at 27,23,000 shares, representing 4.9761% of the total voting capital.
Following the purchase of 1,00,000 shares, the aggregate holding now stands at 28,23,000 shares. This new total translates to 5.1588% of the total diluted share/voting capital of the Target Company (TC).
Capital Structure Context
- Equity share capital/total voting capital before the acquisition was Rs. 10,94,43,330/-.
- The capital structure remains unchanged after the transaction, with the post-acquisition equity share capital also listed as Rs. 10,94,43,330/-.
The disclosure was acknowledged by the Company Secretary & Compliance Officer of C.E. Info Systems Limited on March 09, 2026, confirming the records related to this increase in stake by the investment fund.
Source: BSE