Mirae Asset Mutual Fund has reduced its shareholding in Indian Energy Exchange Limited following a sale transaction executed on April 20, 2026. Through an open market transaction, the fund sold 1,696,145 shares, effectively lowering its stake in the company. Following this divestment, the asset manager’s total shareholding in the target company now stands at 9,192,242 shares.
Details of the Divestment
In a recent regulatory disclosure, it was confirmed that Mirae Asset Mutual Fund completed a sale of equity shares in Indian Energy Exchange Limited. The transaction was carried out via the open market on April 20, 2026. The sale involved the disposal of 1,696,145 shares, which represents a 0.19% reduction in the total voting capital of the company.
Impact on Shareholding Pattern
Prior to this transaction, the mutual fund held 10,888,387 shares, accounting for a 1.22% stake in the target company. Subsequent to the sale, the holdings have been adjusted to 9,192,242 shares. This revised holding represents approximately 1.03% of the total share and voting capital of Indian Energy Exchange Limited.
Strategic Context
The shareholding adjustment follows standard portfolio rebalancing activities by the asset management firm. As of the transaction date, the total equity share capital and voting capital of the target company remained at 891,692,735 shares, maintaining a consistent base for calculating percentage stakes following the divestment.
Source: BSE
