3i Infotech Limited saw its shareholding structure shift as Capital NxT LLP and its Persons Acting in Concert (PAC) crossed the 5% threshold of total voting capital.

The entity disclosed a re-revised filing under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming the acquisition date as July 19, 2026. This disclosure follows an earlier submission dated July 20, 2026, and was prompted by guidance from BSE Limited regarding the specific acquisition date.

Acquisition Details and Shareholding Shift

The aggregate holding of Capital NxT LLP along with its PACs increased from 4.97% to 5.02% following the open market purchase of 100,000 equity shares carrying voting rights. The acquirer does not belong to the promoter or promoter group.

The total equity share capital of the target company remained unchanged at 20,74,03,767 shares before and after the transaction. The total diluted share capital stood at 21,26,10,630 shares post-acquisition.

Persons Acting in Concert

The disclosure identifies several individuals acting in concert with the acquirer:

• Lakshmi Kaushik
• Aishwarya Arvind
• Mythili Srinivasan
• Venkatraman Srinivasan

What the Numbers Show

The crossing of the 5% threshold marks a transition from a sub-threshold position to a reportable substantial acquisition status. The marginal increase in percentage points (0.05%) reflects the small size of the block relative to the total outstanding equity capital. The distinction between the 5.02% holding in total voting capital and the 4.90% holding in diluted capital suggests the presence of convertible instruments or warrants that dilute the effective ownership percentage when fully converted.

3i Infotech Ltd disclosed that Capital NxT LLP and its Persons Acting in Concert (PAC) have increased their aggregate shareholding to 11.05% of the company's total voting capital. The acquisition, executed through open market transactions on September 21, 2026, triggered a mandatory disclosure under SEBI regulations.

The acquirer group purchased 2,43,451 equity shares carrying voting rights. This transaction elevated their holding from 10.93% prior to the acquisition to 11.05% post-acquisition. The total number of shares held by Capital NxT LLP and its PACs now stands at 2,29,17,617.

Acquisition Details

The disclosure was filed pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer, Capital NxT LLP, is not part of the promoter or promoter group of 3i Infotech. The PACs identified in the filing include Lakshmi Kaushik, Aishwarya Arvind, Mythili Srinivasan, and Venkatraman Srinivasan.

The mode of acquisition was specified as the open market. There were no acquisitions of warrants, convertible securities, or shares under encumbrance reported in this specific transaction. The total equity share capital of the target company remained unchanged at 20,74,03,767 shares before and after the acquisition.

What the Numbers Show

The incremental purchase of 2,43,451 shares represents a modest 0.12% increase in the total voting capital, yet it was sufficient to cross the significant 11% threshold. The holding percentage relative to diluted share capital also rose from 10.66% to 10.78%, indicating that the new shares were fully paid-up voting rights without dilution effects from other instruments in this specific calculation. The consistency between the voting capital and diluted capital percentage changes (both +0.12%) suggests no concurrent issuance or conversion of other securities affected the denominator during this period.