Nalanda India Equity Fund Limited has reported the acquisition of shares in Indiamart Intermesh Ltd. The filing, dated 26 March, 2026, confirms an increase in voting rights to 5.14% of the total share capital. This transaction involved the purchase of 423,115 shares on the exchange. The total holding increased from 4.44% to 5.14% following the transaction which settled in December 2026.
Shareholding Update for Indiamart Intermesh
Nalanda India Equity Fund Limited has formally reported a substantial acquisition of shares in Indiamart Intermesh Limited. This disclosure is made pursuant to the relevant regulations concerning the substantial acquisition of shares.
Pre- and Post-Acquisition Details
The details provided indicate a clear increase in the stake held by the acquirer. Prior to the current transaction, the holding of shares carrying voting rights stood at 2,667,624, equating to 4.44% of the total share capital. Following the acquisition, the new total holding is 3,090,739 shares, representing 5.14% of the total share/voting capital.
Details of the Transaction
The transaction detailed specifically involved the purchase of 423,115 shares carrying voting rights. The mode of acquisition was through the Exchange mechanism. The trade date for this acquisition was 24-Mar-2026, with a settlement date recorded as 25-Dec-2026.
Capital Structure Context
The filing confirms the total equity share capital of the Target Company (Indiamart Intermesh Ltd.) before the said purchase was 600,871,480 shares. The total diluted share capital after the purchase remains based on this figure, assuming no full conversion of outstanding convertible securities, as indicated by the reported figure of 0 for the corresponding column.
The document was authorized by Arshad Goodur, Director, on 26 March, 2026.
Source: BSE
