Smallcap World Fund, Inc. has decreased its stake in Tube Investments of India through the sale of 4,642,110 shares. This transaction reduces their holding by 2.4020%, bringing their total shares down to 6,150,752, representing 3.1785% of the company’s equity. The sale was executed through open market transactions.
Shareholding Adjustment
Smallcap World Fund, Inc. has adjusted its investment position in Tube Investments of India Ltd. through a series of share disposals in the open market. The transaction was completed on January 28, 2026.
Details of the Transaction
The transaction involved the sale of 4,642,110 shares by Smallcap World Fund, Inc. Previously, the fund held 10,792,862 shares, representing 5.5805% of the total share/voting capital of Tube Investments of India. Following the sale, the fund now holds 6,150,752 shares, which constitutes 3.1785% of the company’s total share/voting capital.
Impact on Share Capital
The transaction has resulted in a change in the shareholding structure of Tube Investments of India. The total equity share capital/ total voting capital of the TC after the said acquisition / sale is 193,509,670.
Source: BSE
