BlackRock, Inc., acting on behalf of its discretionary management clients, has decreased its shareholding in PTC India Limited. The disposal of shares took place via an on-market transaction. Following this divestment, the firm’s total holding in the target company has been adjusted, reflecting a shift in its investment position within the utility and power trading sector.
Details of the Divestment
On April 17, 2026, BlackRock, Inc. executed a sale of 831,417 shares of PTC India Limited. This transaction represents approximately 0.28% of the company’s total voting capital. The shares were offloaded through standard market channels, marking a strategic adjustment in the firm’s portfolio composition.
Updated Shareholding Position
Prior to this transaction, BlackRock held 9,916,313 shares, accounting for a 3.35% stake in the target company. Following the disposal of the 831,417 shares, the firm’s aggregate holding has been reduced to 9,084,896 shares. This new position represents 3.07% of the total equity share capital of PTC India Limited.
Transaction Overview
The total equity share capital of the target company remains stable at 296,008,321 shares both before and after the disposal. The transaction, classified as an on-market transaction, was finalized by the authorized signatory on April 29, 2026, in Wilmington, Delaware, USA.
Source: BSE