Wasatch Advisors LP has announced a reduction in its shareholding in Elgi Equipments Ltd. Through an open market sale concluded on May 12, 2026, the firm disposed of 150,000 shares. This transaction reduced Wasatch Advisors’ total stake in the company from 3.2013% to 3.1539%. The total equity capital of Elgi Equipments Ltd remains unchanged at Rs. 316,909,000 following this divestment.
Details of the Equity Sale
Wasatch Advisors LP, acting as an acquirer in Elgi Equipments Ltd, has officially disclosed the sale of 150,000 equity shares. The transaction was executed via the open market on May 12, 2026. This move marks a strategic adjustment to the firm’s portfolio regarding its investment in the engineering company.
Impact on Shareholding
Prior to this transaction, Wasatch Advisors LP held 10,145,119 shares, representing a 3.2013% stake in the target company. Following the sale of 150,000 shares, their holdings have decreased to 9,995,119 shares, bringing their total ownership percentage down to 3.1539%.
Capital Structure Overview
The total equity share capital for Elgi Equipments Ltd is recorded at Rs. 316,909,000, based on a par value of Rs. 1.00 per share. The company’s total issued shares stand at 316,909,000. This divestment represents a minor reduction in the firm’s overall equity exposure while the company’s total voting capital remains stable.
Source: BSE
