Coronation Fund Managers Limited has completed the sale of 22,022,767 shares of Le Travenues Technology Limited, representing 4.99% of the company’s total share capital. This transaction was conducted via the open market. The sale occurred on August 24, 2026, with the disclosure filed on August 26, 2026. The total diluted share/voting capital of Le Travenues Technology after the transaction stands at 457,490,590 shares.
Coronation Fund Managers Sells Stake in Le Travenues Technology
Coronation Fund Managers Limited has disposed of a significant portion of its shareholding in Le Travenues Technology Limited. The transaction involved the sale of 22,022,767 shares, which translates to 4.99% of the target company’s total share capital. This divestment was executed through the open market.
Transaction Details
The sale took place on August 24, 2026. Prior to this transaction, Coronation Fund Managers held 22,239,364 shares, equivalent to 5.04% of Le Travenues Technology’s voting rights. Following the sale, the holding has reduced to 22,022,767 shares, representing 4.99% of the voting rights. The company’s total diluted share/voting capital post-acquisition is 457,490,590.
Background Information
Le Travenues Technology Limited is listed on the National Stock Exchange of India and the BSE Limited. The acquisition/sale was disclosed in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Coronation Fund Managers was acting as a discretionary fund manager for various funds and segregated accounts.
Source: BSE
