Pari Washington reduces stake in India Motor Parts to 1.39%
Pari Washington India Master Fund, Ltd. and Pari Washington Investment Fund sold 347,781 shares in India Motor Parts & Accessories Limited on May 21, 2026, reducing their stake from 4.18% to 1.39%. The transaction was executed via the open market and disclosed under SEBI SAST Regulations. The company's total equity share capital remains 12,480,000 shares.

*this image is generated using AI for illustrative purposes only.
Pari Washington India Master Fund, Ltd. has reduced its shareholding in India Motor Parts & Accessories Limited by 2.79% through an open market transaction. The seller, along with Pari Washington Investment Fund acting as a Person Acting in Concert (PAC), disposed of 347,781 shares on May 21, 2026. This sale brought down the acquirer's total stake in the company to 1.39%, down from a previous holding of 4.18%.
The transaction details were disclosed to the stock exchanges in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the entities involved do not belong to the promoter or promoter group of the target company. The shares of India Motor Parts & Accessories Limited are listed on both the Bombay Stock Exchange and the National Stock Exchange.
Following the disposal, the total number of shares held by Pari Washington India Master Fund, Ltd. and its PAC stands at 173,769. The equity share capital and total voting capital of India Motor Parts & Accessories Limited remained unchanged at 12,480,000 shares before and after the transaction. There were no changes in holdings related to encumbrance, voting rights otherwise than by shares, or warrants and convertible securities.
The disclosure was submitted by Ms. Dilshaad Banu Mustapha Hammaad Rajabalee Ruhomally, the Authorised Signatory for Pari Washington India Master Fund, Ltd. The document was signed in Mauritius on May 25, 2026, and addressed to the Bombay Stock Exchange.
Shareholding Details
The table below outlines the changes in shareholding percentages and absolute numbers before and after the transaction.
| Metric | Number of Shares | % of Total Share Capital | % of Diluted Share Capital |
|---|---|---|---|
| Holding Before Disposal | |||
| Shares carrying voting rights | 521,550 | 4.18% | 4.18% |
| Disposal Details | |||
| Shares sold | (347,781) | (2.79%) | (2.79%) |
| Holding After Disposal | |||
| Shares carrying voting rights | 173,769 | 1.39% | 1.39% |
Historical Stock Returns for India Motor Parts & Accessories
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.62% | +10.17% | +9.62% | +8.56% | +6.69% | +66.75% |
What prompted Pari Washington India Master Fund to reduce its stake significantly at this time?
How might this divestment impact the stock price and investor sentiment of India Motor Parts & Accessories Limited?
Are there indications of other institutional investors following suit or increasing their holdings in the company?


































