Motilal Oswal Mutual Fund Reduces Stake in HealthCare Global Enterprises via Market Transactions
Motilal Oswal Mutual Fund, through eight of its schemes, disposed of 5,19,430 shares (0.3479%) in HealthCare Global Enterprises Ltd. via open market transactions on May 4, 2026. Following the disposal, the fund house's aggregate holding declined from 47,96,413 shares (3.2126%) to 42,76,983 shares (2.8646%). The total equity share capital of HealthCare Global Enterprises remained unchanged at 14,93,02,203 shares of face value Rs. 10 each. The disclosure was filed with BSE Limited on May 07, 2026, under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

*this image is generated using AI for illustrative purposes only.
Motilal Oswal Asset Management Company Limited, acting as the investment manager to the schemes of Motilal Oswal Mutual Fund, has reported the disposal of shares in HealthCare Global Enterprises Ltd. under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The transaction was executed on May 4, 2026, through open market transactions, and the disclosure was filed with BSE Limited on May 07, 2026.
Transaction Overview
The disposal was carried out collectively by eight schemes of Motilal Oswal Mutual Fund, which are considered as persons acting in concert (PAC) for the purpose of this disclosure. The acquirer does not belong to the promoter or promoter group of the target company. The following schemes participated in the transaction:
- Motilal Oswal BSE Healthcare ETF
- Motilal Oswal Nifty Microcap 250 Index Fund
- Motilal Oswal Multi Cap Fund
- Motilal Oswal Business Cycle Fund
- Motilal Oswal Services Fund
- Motilal Oswal BSE 1000 Index Fund
- Motilal Oswal Special Opportunities Fund
- Motilal Oswal Consumption Fund
Shareholding Details Before and After Disposal
The following table summarises the change in shareholding position of Motilal Oswal Mutual Fund in HealthCare Global Enterprises as a result of the disposal:
| Metric: | Number of Shares | % of Total Share/Voting Capital | % of Total Diluted Share/Voting Capital |
|---|---|---|---|
| Holding Before Disposal: | 47,96,413 | 3.2126% | 3.2126% |
| Shares Disposed: | 5,19,430 | 0.3479% | 0.3479% |
| Holding After Disposal: | 42,76,983 | 2.8646% | 2.8646% |
Target Company Capital Structure
The equity share capital of HealthCare Global Enterprises Ltd. remained unchanged following the disposal. Key details of the target company's capital structure are presented below:
| Parameter: | Details |
|---|---|
| Equity Share Capital Before Disposal: | 14,93,02,203 shares (Face value of Rs. 10 each) |
| Equity Share Capital After Disposal: | 14,93,02,203 shares (Face value of Rs. 10 each) |
| Total Diluted Share/Voting Capital After Disposal: | 14,93,02,203 shares (Face value of Rs. 10 each) |
| Stock Exchanges Listed: | BSE Limited; National Stock Exchange of India Limited |
| Mode of Disposal: | Market Transactions |
| Date of Disposal: | May 4, 2026 |
Regulatory Disclosure
The disclosure was made by Aparna Karmase, Head – Compliance, Legal and Secretarial at Motilal Oswal Asset Management Company Limited, from Mumbai, dated May 07, 2026. The filing is in compliance with the prescribed format under SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, which mandates disclosure whenever an acquirer's shareholding crosses specified thresholds through acquisition or disposal of shares.
Will Motilal Oswal Mutual Fund continue to reduce its stake in HealthCare Global Enterprises below the 2% SEBI disclosure threshold in the coming months?
How might this institutional selling pressure impact HCG's stock price performance and liquidity in the near term?
Are other institutional investors similarly trimming positions in the Indian healthcare sector, signaling a broader sectoral reallocation trend?

































