Coronation Fund Managers Limited has increased its shareholding in Le Travenues Technology Limited. Through an open market acquisition, the firm purchased 475,000 shares. This transaction, finalized on March 30, 2026, has raised their total stake from 6.90% to 7.01% of the company’s total voting capital.
Details of the Acquisition
On March 30, 2026, Coronation Fund Managers Limited, acting as a discretionary fund manager, completed the acquisition of 475,000 shares in Le Travenues Technology Limited. The transaction was conducted through the open market, reflecting the firm’s ongoing investment activity in the company.
Impact on Shareholding
Prior to this acquisition, Coronation Fund Managers held 30,235,261 shares, representing a 6.90% stake in the company. Following the purchase of the additional shares, their total holding has increased to 30,710,261 shares. Consequently, the firm’s total shareholding in Le Travenues Technology Limited has risen to 7.01% of the total equity share capital.
Company Capital Structure
As per the latest updates, the equity share capital of the company stands at 438,183,527 shares. The total diluted share and voting capital of the company after this acquisition is 457,545,806 shares. This transaction underscores the fund’s continued interest and confidence in the long-term prospects of the organization.
Source: BSE
