Nalanda India Equity Fund Limited has formally disclosed the acquisition of shares in Indiamart Intermesh Ltd. to the Bombay Stock Exchange. This filing, dated 26 March, 2026, details changes to its voting rights and total holding in the target company. Following the transaction, Nalanda’s total voting rights in Indiamart Intermesh have increased to 5.14% of the total share capital, up from 4.44% previously reported before the deal.
Corporate Disclosure on Shareholding Change
Nalanda India Equity Fund Limited has submitted a formal disclosure regarding changes in its shareholding in the target company, INDIAMART INTERMESH LIMITED. The filing adheres to the Format for Disclosures under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Nalanda India Equity Fund Limited confirms that it does not belong to the Promoter/Promoter group of the target company.
Shareholding Details Before Acquisition
Prior to the acquisition, the holding of Nalanda India Equity Fund Limited in Indiamart Intermesh was as follows:
- Shares carrying voting rights: 2,667,624 shares, representing 4.44% of the total capital.
- Total holding (including other instruments): 4.44% of the total diluted share/voting capital.
Details of the Transaction
The acquisition involved the purchase of 423,115 shares carrying voting rights. The transaction was executed via the Exchange mechanism. The trade date for the transaction was 24-Mar-2026, with the settlement date set for 25-Dec-2026.
Shareholding Details After Acquisition
Post-acquisition, the revised total holding of Nalanda India Equity Fund Limited is:
- Shares carrying voting rights: 3,090,739 shares, accounting for 5.14% of the total capital.
- Total holding: 5.14% of the total diluted share/voting capital.
Capital Base Context
The total equity share capital/total voting capital of Indiamart Intermesh Limited, both before and after the purchase, remained constant at 600,871,480 shares.
The submission was authorized by Arshad Goodur, Director, on 26 March, 2026, originating from Mauritius.
Source: BSE
