Sterlite Technologies Ltd. Blue Daimond Properties Reduces Shareholding

Blue Daimond Properties Private Limited has offloaded a portion of its equity in Sterlite Technologies Ltd. Through a series of market transactions occurring between April 15, 2026, and April 17, 2026, the entity sold 16,47,833 shares. This divestment represents a 0.34% reduction in voting capital, bringing their total shareholding in the company down to 4.96% from the previous 5.30%.

Details of the Divestment

Blue Daimond Properties Private Limited, acting in concert with other entities, has executed a sale of its holding in Sterlite Technologies Ltd. The transaction involved the sale of 16,47,833 shares via open market operations. These sales were conducted over a three-day period, concluding on April 17, 2026.

Impact on Shareholding Pattern

Following this transaction, the total stake held by Blue Daimond Properties and the associated persons acting in concert has been adjusted. Their holding has decreased from 2,58,78,205 shares (representing 5.30% of the total voting capital) to 2,42,30,372 shares. This shift results in a revised ownership position of 4.96% in Sterlite Technologies Ltd., as of the latest disclosure date of April 18, 2026.

Source: BSE

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