Mirae Asset Mutual Fund has increased its stake in Bata India Ltd. On October 30, 2025, the fund acquired an additional 0.41% of voting rights, bringing its total shareholding to 9.78%. The shares were acquired through open market purchases. The acquisition reflects Mirae Asset’s increased investment in the footwear company.
Stake Acquisition in Bata India
Mirae Asset Mutual Fund has increased its stake in Bata India Ltd. through an open market purchase on October 30, 2025.
Details of the Acquisition
Before the acquisition, Mirae Asset held 12,044,603 shares, representing 9.37% of the total voting capital. Following the acquisition of 529,281 additional shares, their total holding now stands at 12,573,884 shares, representing 9.78% of the total voting capital of Bata India Ltd.
Change in Shareholding
The acquisition resulted in a 0.41% increase in Mirae Asset’s shareholding in Bata India Ltd. The shares were acquired through the open market.
Share Capital
The equity share capital/total voting capital of Bata India before and after the acquisition remains the same at 128,527,540.
Source: BSE