DSP Trustee Private Limited, acting on behalf of various DSP Mutual Fund schemes and the DSP Alternative Investment Fund, has increased its shareholding in Syngene International Limited. Following an acquisition of 9,93,389 shares on April 07, 2026, the entity’s total stake in the company has risen to 5.03% of the total paid-up capital.
Strategic Stake Expansion
DSP Mutual Fund has solidified its investment in Syngene International through a series of open market acquisitions. As of April 07, 2026, the fund house and its associated investment vehicles now hold a collective 5.03% stake in the company. This move reflects a strategic increase from the previous holding of 4.79%.
Details of the Acquisition
The latest transaction involved the purchase of 9,93,389 equity shares via the open market. This acquisition brought the total number of shares held by the DSP group to 2,02,86,226. The transaction was conducted across several schemes managed by DSP Asset Managers Private Limited, including various hybrid and sector-specific funds, such as the DSP Large Cap Fund, DSP Equity Savings Fund, and DSP Nifty Smallcap 250 Index Fund, among others.
Impact on Shareholding
With this purchase, the total shareholding of the DSP group has crossed the 5% threshold. The company’s total equity share capital remains at 40,29,39,420 shares. The increased stake underscores the fund’s continued interest in the firm, consolidating its position as a significant institutional shareholder.
Source: BSE
