Motilal Oswal Mutual Fund, through its various schemes, has disclosed the acquisition of shares in Sterlite Technologies Limited. This action is in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The disclosure provides details on the holding before and after the acquisition, outlining the percentage changes in voting capital.
Motilal Oswal Mutual Fund Discloses Share Acquisition
Motilal Oswal Asset Management Company Limited, acting as the Investment Manager for Motilal Oswal Mutual Fund schemes, has filed a substantial acquisition disclosure concerning Sterlite Technologies Limited. This filing is made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
Details of Acquisition
The disclosure details the acquisition of shares by several schemes managed by Motilal Oswal Mutual Fund, including Motilal Oswal Midcap Fund, Motilal Oswal Flexi Cap Fund, Motilal Oswal ELSS Tax Saver Fund, Motilal Oswal Large and Midcap Fund, Motilal Oswal Nifty Midcap 250 Index Fund, Motilal Oswal Active Momentum Fund, Motilal Oswal Special Opportunities Fund, and Motilal Oswal BSE 100 Index Fund. These acquisitions were executed on July 19, 2026.
Pre-Acquisition Holding
Before the transaction, the aggregate holding across these schemes was 3,90,38,123 shares, representing 7.5965% of the total equity share capital. The total diluted share/voting capital was also 7.5965%.
Post-Acquisition Details
Following the acquisition, the total shares held increased to 3,93,70,152 shares, with the percentage of total share/voting capital rising to 7.6611%. The total diluted share/voting capital also stands at 7.6611%.
The total equity share capital of Sterlite Technologies Limited before the acquisition was 51,38,96,135 shares (Face value of Rs. 2 each), with a total diluted share/voting capital of 56,17,53,418.
The disclosure was made by Aparna Karmase, Head – Compliance, Legal & Secretarial at Motilal Oswal Asset Management Company Limited, on August 21, 2026.
Source: BSE
