Nippon Life India Asset Management has increased its stake in Whirlpool of India to 7.26% as of January 22, 2026. This was achieved through the purchase of additional shares by Nippon India Mutual Fund. The disclosure was made pursuant to SEBI regulations regarding substantial acquisition of shares and takeovers.
Increased Holding in Whirlpool
Nippon Life India Asset Management, acting on behalf of Nippon India Mutual Fund, has increased its shareholding in Whirlpool of India Limited. As of January 22, 2026, the total holding stands at 7.26% of the company’s equity.
Details of Acquisition
Prior to this acquisition, Nippon Life held 8,810,628 shares, representing 6.9445% of Whirlpool India. The recent purchase involved an additional 399,993 shares, increasing the total to 9,210,621 shares.
Impact on Shareholding
This acquisition increases Nippon Life India’s influence in Whirlpool of India. The transaction reflects ongoing investment strategy and confidence in the company’s long-term prospects. The acquisition was completed through open market purchases.
Equity Capital Details
Whirlpool of India has a total equity share capital of ₹1,26,87,18,300, divided into 12,68,71,830 shares with a face value of ₹10 per share, both before and after the acquisition.
Source: BSE
