Nalanda India Equity Fund Limited has increased its shareholding in IndiaMART Intermesh Limited through a strategic acquisition of 423,115 shares, as disclosed in a regulatory filing with the stock exchanges. The transaction demonstrates institutional confidence in the B2B marketplace platform.

Transaction Details

The share acquisition was executed through exchange transactions on March 24, 2026, with settlement completed on March 25, 2026. The following table summarizes the key transaction parameters:

Shareholding Pattern Changes

The acquisition resulted in an increase in Nalanda's stake in IndiaMART Intermesh. The fund's shareholding pattern before and after the transaction shows:

The percentage calculations are based on IndiaMART Intermesh's total equity share capital of 600,871,480 shares.

Regulatory Compliance

Nalanda India Equity Fund Limited filed the mandatory disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The fund confirmed that it does not belong to the promoter or promoter group of IndiaMART Intermesh. The disclosure was signed by an authorized signatory from Mauritius on March 30, 2026.

Market Context

IndiaMART Intermesh shares are listed on both the National Stock Exchange and Bombay Stock Exchange. The company's total diluted share capital remains at 600,871,480 shares, with no outstanding convertible securities or warrants affecting the shareholding calculations. This acquisition reflects institutional confidence and portfolio expansion decisions in the B2B marketplace segment.

IndiaMART InterMESH Limited has disclosed its one-to-one investor meeting with Tunga Investments held on March 24, 2026, in compliance with regulatory requirements. The meeting was conducted via video conference and lasted from 12:00 p.m., representing part of the company's ongoing investor engagement activities.

Meeting Details and Compliance

The company filed the disclosure under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The regulatory filing was submitted to both BSE Limited and National Stock Exchange of India Limited on the same day.

Information Sharing Protocol

During the investor meeting, IndiaMART InterMESH Limited maintained strict compliance with information sharing protocols. The company explicitly stated that no unpublished price sensitive information was shared during the interaction with Tunga Investments.

Investor Resources

The company continues to maintain transparency with its stakeholders by providing access to its latest investor presentation through its official website. The presentation is available at the company's investor relations section for public access.

Regulatory Compliance

The disclosure was signed by Vasudha Bagri, Compliance Officer (Membership No: A28500), on March 24, 2026, at 18:18:44 +05'30'. This filing demonstrates the company's commitment to maintaining regulatory compliance and transparency in its investor relations activities.