Smallcap World Fund Inc has increased its equity stake in Leap India Limited by acquiring 1,489,649 shares through open market purchases on August 18, 2026. The transaction brings the fund's total holding in the company to 5.2524% of the total share and voting capital.

The acquisition was disclosed under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this transaction, Smallcap World Fund held 21,649,099 shares, constituting a 4.9143% stake in Leap India Limited.

Transaction Details

The fund executed the buy order entirely through the open market, with no involvement of convertible securities, warrants, or encumbrances such as pledges or liens. The total equity share capital of Leap India Limited remained unchanged at 440,536,458 shares following the acquisition.

The disclosure was signed by Christopher J. Salo, authorized signer for Smallcap World Fund Inc, from Los Angeles, California, on August 19, 2026. The fund does not belong to the promoter or promoter group of the target company.

GIC Private Limited has disclosed the acquisition of 4,480,507 equity shares in Leap India Limited , representing a 1.017% stake in the company’s total voting capital. The open market purchase was executed on August 17, 2026, and was made on behalf of the Government of Singapore (GOS), the Monetary Authority of Singapore (MAS), and Gamnat Pte Ltd (Gamnat).

This filing, submitted under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the shift in ownership structure for these entities acting as Persons Acting in Concert (PAC). GIC Private Limited serves as the investment manager with the power to exercise voting rights for all managed shares.

Acquisition Breakdown

The total acquisition of 4,480,507 shares was distributed among the principal entities as follows:

• Government of Singapore: Acquired 3,269,573 shares (0.742% stake)
• Monetary Authority of Singapore: Acquired 1,210,934 shares (0.275% stake)
• Gamnat Pte Ltd: No new shares acquired (0% change)

No warrants, convertible securities, or encumbered shares were involved in this transaction.

Post-Acquisition Holding Pattern

Following the acquisition, the combined holding of the PAC group rose from 4.964% to 5.981% of the total share capital. The detailed post-acquisition shareholding pattern is outlined below:

The total equity share capital of Leap India Limited remains at 440,536,458 shares as per the shareholding pattern dated August 13, 2026. The total diluted share capital stands at 442,174,026 shares.

What the Numbers Show

Gamnat Pte Ltd remains the dominant holder within the PAC group, retaining its pre-acquisition position with 17,610,000 shares, which constitutes approximately two-thirds of the group's total holding. The recent acquisition activity was driven entirely by the Government of Singapore and the Monetary Authority of Singapore, indicating a targeted increase in exposure by sovereign entities rather than the private investment arm Gamnat.