Kotak Mahindra Mutual Fund (KMMF) has increased its equity stake in Dalmia Bharat Limited, now exceeding 5.00% of the company’s issued equity share capital. The acquisition was made through KMMF’s various schemes. Details of the transaction are outlined in the disclosure, in accordance with regulatory guidelines.
Increased Equity Holding
Kotak Mahindra Mutual Fund (KMMF) has acquired additional equity shares of Dalmia Bharat Limited, resulting in its total holding exceeding 5.00% of the company’s issued equity share capital.
Details of Acquisition
Prior to this acquisition, KMMF held 9,294,046 shares, representing 4.9554% of the total share/voting capital. Following the acquisition of an additional 97,157 shares, KMMF now holds a total of 9,391,203 shares, which constitutes 5.0072% of the total share/voting capital.
Impact on Share Capital
The equity share capital/ total voting capital of Dalmia Bharat Limited before and after the acquisition remains constant at 18,75,65,161 equity shares of Rs. 2.
Source: BSE