Deep Health AI cuts stake in Exxaro Tiles to 3.83%
Deep Health AI India Limited sold 95,95,959 equity shares, or 2.14% of Exxaro Tiles Limited, via open market transactions between June 22 and June 23, 2026. This sale reduced the entity's holding from 5.98% to 3.83%. The disclosure was made under SEBI SAST Regulations.

*this image is generated using AI for illustrative purposes only.
Deep Health AI India Limited has further reduced its shareholding in Exxaro Tiles to 3.83% through open market sales. The entity sold 95,95,959 equity shares, representing 2.14% of the total paid-up equity share capital, between June 22, 2026, and June 23, 2026. This transaction follows a previous reduction in stake earlier in the year.
The disclosure was submitted to Exxaro Tiles Limited, BSE Limited, and National Stock Exchange of India Limited in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Deep Health AI India Limited confirmed it does not belong to the promoter or promoter group of the target company. The equity shares have a face value of ₹1 each.
Shareholding Details
The following table outlines the changes in shareholding:
| Description | Number of Shares | % of Total Share Capital |
|---|---|---|
| Holding Before Transaction | ||
| Shares carrying voting rights | 2,67,42,161 | 5.98% |
| Disposal | ||
| Shares sold | 95,95,959 | 2.14% |
| Holding After Transaction | ||
| Shares carrying voting rights | 1,71,46,202 | 3.83% |
The total equity share capital of Exxaro Tiles Limited remains at ₹44,74,10,700. The disclosure confirmed that there were no shares encumbered, nor were there any warrants or convertible securities involved in the transactions.
Historical Stock Returns for Exxaro Tiles
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.72% | +2.54% | +4.58% | -15.01% | -19.79% | -48.22% |
Does Deep Health AI India Limited intend to further reduce its stake or exit the position entirely?
How will the increased supply of shares in the open market impact Exxaro Tiles' stock price volatility?
Is this stake reduction a strategic shift by Deep Health AI or a move to realize profits?































