Nalanda India Equity Fund Limited has announced a revised reporting of its acquisition of shares in Indiamart Intermesh Ltd. The fund has increased its total equity holding in Indiamart Intermesh to 7.71%, amounting to 4,636,599 shares. This acquisition was completed through various purchase transactions across multiple dates in June and July 2026, reflecting a strategic move to bolster its investment in the e-commerce enabler.
Acquisition of Indiamart Intermesh Shares
Nalanda India Equity Fund Limited has disclosed further details regarding its acquisition of shares in Indiamart Intermesh Limited. The fund confirmed an increase in its total equity holding to 7.71%, which translates to 4,636,599 shares. This revised reporting supersedes previous disclosures and provides a comprehensive update on the fund’s investment in Indiamart.
Transaction Details
The acquisitions were executed through various purchase transactions on the stock exchange, with settlement dates spanning from June 17, 2026, to July 22, 2026. Key purchase quantities and corresponding holding percentages have been detailed, showing a gradual accumulation of shares. Notably, an earlier discrepancy was identified due to a system glitch, which led to a temporary underreporting of the total equity holding. The fund has since corrected this oversight, ensuring accurate representation of its stake.
Current Holding and Future Outlook
As of the latest update, Nalanda India Equity Fund’s total holding in Indiamart Intermesh Limited stands at 4,636,599 shares, representing 7.71% of the total diluted share capital. This strategic investment underscores the fund’s confidence in Indiamart’s growth prospects and its position in the Indian e-commerce landscape.
Source: BSE
