Fidelity International Boosts Stake in Deccan Cements to 7.07%
Fidelity International has increased its shareholding in Deccan Cements from 5.035% to 7.07% through open market acquisitions. The firm acquired 284,663 shares between November 22, 2023, and November 11, 2025, bringing its total holding to 989,902 shares. The stake is divided between two funds: Fidelity Emerging Markets Discovery Fund (4.95%) and Fidelity Emerging Markets Value Advance Equity Mother Fund (2.12%). This move signals Fidelity's growing interest in the Indian cement sector and could influence market sentiment towards Deccan Cements.

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Deccan Cements has reported that Fidelity International has significantly increased its shareholding in the company, a move that underscores the investment firm's growing interest in the Indian cement sector. The stake increase, executed through open market acquisitions, has seen Fidelity's holding in the company rise from 5.035% to 7.07%.
Key Details of the Acquisition
- Acquisition Period: November 22, 2023 to November 11, 2025
- Shares Acquired: 284,663
- Percentage Increase: 2.03%
- Total Shares Held Post-Acquisition: 989,902
Shareholding Breakdown
| Fund Name | FPI Number | Shares Held | Percentage Holding |
|---|---|---|---|
| Fidelity Emerging Markets Discovery Fund | INUSFP303316 | 693,039 | 4.95% |
| Fidelity Emerging Markets Value Advance Equity Mother Fund | INJPFP048024 | 296,863 | 2.12% |
| Total | 989,902 | 7.07% |
Impact and Implications
The increased stake by Fidelity International, a global investment management firm, may be viewed as a vote of confidence in Deccan Cements' potential. This move could potentially influence market sentiment towards the company and the broader Indian cement sector.
Regulatory Compliance
The disclosure of this acquisition was made in compliance with SEBI (Securities and Exchange Board of India) regulations for substantial acquisition of shares. Deccan Cements' total equity share capital remains unchanged at 14,007,500 shares.
Market Context
This development represents a significant change in Deccan Cements' ownership structure. Investors and market watchers may keep a close eye on any further developments or strategic moves by Fidelity International regarding its stake in Deccan Cements.
Historical Stock Returns for Deccan Cements
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.70% | -0.71% | -0.52% | +30.77% | +73.02% | +196.82% |

































