PPFAS Asset Management Private Limited, acting as the investment manager for PPFAS Mutual Fund, has disclosed a significant acquisition of shares in EID Parry India Limited. The purchase, made by the fund’s schemes, increases the total holding to 5.83% of the company’s total share capital. This disclosure aligns with SEBI regulations for substantial acquisition of shares and is effective as of June 11, 2026.
Disclosure of Share Acquisition
PPFAS Asset Management Private Limited, on behalf of PPFAS Mutual Fund and its associated schemes, has officially disclosed a substantial acquisition of shares in EID Parry India Limited. This notification is in accordance with Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Acquisition Details
Prior to this acquisition, PPFAS Mutual Fund held 86,39,185 shares, representing 4.86% of the total voting capital of EID Parry India Limited. Following the recent transaction, the total number of shares held by the fund now stands at 1,03,79,279, which constitutes 5.83% of the total voting capital. The acquisition of 17,40,094 shares, representing 0.98% of the voting capital, was made via the Open Market route.
EID Parry India Limited’s Capital Structure
The total equity share capital of EID Parry India Limited before and after the said acquisition remains consistent at Rs. 17,79,26,042/-, corresponding to 17,79,26,042 shares with a face value of Rs. 1 per share. The disclosure date is June 11, 2026, with the acquisition date noted as June 9, 2026.
Source: BSE
