Capital NxT PAC crosses 7% stake threshold in 3i Infotech via open market buys
Capital NxT LLP and its PACs increased their stake in 3i Infotech Limited to 7.08% by acquiring 703,915 shares in the open market. The filing, submitted on July 30, 2026, discloses that the group now holds 14,691,369 shares. This move triggers mandatory reporting under SEBI's takeover regulations, with Lakshmi Kaushik, Aishwarya Arvind, Mythili Srinivasan, and Venkatraman Srinivasan listed as persons acting in concert.

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3i infotech has received a disclosure from Capital NxT LLP regarding the substantial acquisition of its equity shares by the acquirer and its Persons Acting in Concert (PAC). The group’s aggregate shareholding has reached 7.08% of the total voting capital, crossing the 7% threshold mandated for disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition was executed through open market purchases, signaling continued institutional interest in the IT services firm.
The disclosure, dated July 30, 2026, was submitted to both the BSE Limited and the National Stock Exchange of India Limited. Viswanadharaju Bhoopathiraju, Partner at Capital NxT LLP, signed the filing. The acquirer is not part of the promoter group of 3i Infotech Limited. The transaction involved the purchase of 703,915 shares carrying voting rights, which represents an increase of 0.34% in terms of total shareholding and 0.33% in diluted shareholding.
Shareholding Structure Details
Prior to this acquisition, Capital NxT LLP and its PAC held 13,987,454 shares, constituting 6.74% of the total voting capital and 6.58% of the diluted voting capital. Following the open market buy, the total holding stands at 14,691,369 shares. There were no changes in shares under encumbrance, warrants, or convertible securities during this period.
| Metric | Before Acquisition | Acquisition | After Acquisition |
|---|---|---|---|
| Shares Carrying Voting Rights | 13,987,454 | 703,915 | 14,691,369 |
| % w.r.t. Total Voting Capital | 6.74% | 0.34% | 7.08% |
| % w.r.t. Diluted Voting Capital | 6.58% | 0.33% | 6.91% |
The total equity share capital of 3i Infotech Limited remained unchanged at 20,74,03,767 shares before and after the acquisition. The total diluted share/voting capital of the company stands at 21,26,10,630 shares.
Persons Acting in Concert
The disclosure identifies four individuals as Persons Acting in Concert with Capital NxT LLP: Lakshmi Kaushik, Aishwarya Arvind, Mythili Srinivasan, and Venkatraman Srinivasan. These entities are grouped together for the purpose of calculating aggregate shareholding limits under SEBI regulations.
What the Numbers Show
The acquisition brings the PAC’s stake closer to the 9% threshold, which would trigger further disclosure obligations and potentially open the door for an open offer if the limit is breached. The mode of acquisition—open market—suggests a strategic accumulation rather than a block deal or preferential allotment, allowing the investor to build position gradually without immediate control implications. The lack of encumbrances on the newly acquired shares indicates clean title transfer.
Historical Stock Returns for 3I Infotech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.22% | +12.07% | +29.81% | +46.66% | -1.93% | +151.18% |
Could Capital NxT LLP's accumulation of shares signal an impending open offer if the stake exceeds the 9% threshold mandated by SEBI regulations?
How might this increased institutional interest from non-promoter entities influence 3i Infotech's stock price volatility in the near term?
Does the strategic open market acquisition suggest Capital NxT LLP is positioning for a potential board seat or greater corporate governance influence?


































