HDFC Mutual Fund has disclosed a reduction in its shareholding in Gabriel India Limited. Following a sale of shares on August 11, 2026, the aggregate holding decreased by 2.84%. As of this date, HDFC Mutual Fund’s schemes collectively hold 6.33% of Gabriel India’s paid-up equity share capital, down from the previous disclosure of 9.17% on March 3, 2022.
HDFC Mutual Fund Adjusts Gabriel India Holdings
HDFC Mutual Fund, through its various schemes, has reported a change in its substantial shareholding in Gabriel India Limited. In a disclosure made on August 13, 2026, the fund detailed a transaction that resulted in a decrease in its total holdings.
Key Holding Changes
The previous disclosure, made on March 3, 2022, indicated that HDFC Mutual Fund held 9.17% of Gabriel India Limited’s total equity. A subsequent sale of shares on August 11, 2026, which is identified as the trigger date for this disclosure, led to a reduction in this stake by 2.84%. Consequently, the aggregate holding of HDFC Mutual Fund’s schemes in Gabriel India Limited now stands at 6.33% of the company’s paid-up equity share capital.
Disclosure Compliance
This disclosure has been made in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The detailed change in shareholding has been provided in the prescribed format, as enclosed in Annexure-1 of the communication.
Shareholding Details
The details provided in Annexure-1 illustrate the holding before and after the sale. Prior to the acquisition/disposal, the holding was 1,31,76,000 shares, representing 7.43% of the total voting capital. Following the sale of 19,58,593 shares, the total holding has adjusted to 1,12,17,407 shares, which constitutes 6.33% of the total voting capital. The mode of sale was identified as ‘Open Market’. The equity share capital of Gabriel India Limited before and after the sale remained constant at Rs. 17,72,30,023/-, comprising 17,72,30,023 equity shares of Rs. 1/- each.
Source: BSE
