Aegis Investment Fund PCC reduces stake in MODIS NAVNIRMAN LIMITED to 7.63%

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Key Highlights

Aegis Investment Fund PCC has reduced its shareholding in MODIS NAVNIRMAN LIMITED from 7.80% to 7.63% through the sale of 32,000 shares via open market transactions on January 29, 2026. The transaction, disclosed under SEBI regulations, represents 0.163% of the company's total share capital. The fund is not part of the promoter group, and the company remains listed on both BSE and NSE.

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Modi's Navnirman has received a substantial acquisition disclosure from Aegis Investment Fund PCC under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure reveals a reduction in the fund's shareholding through open market transactions.

Transaction Details

Aegis Investment Fund PCC sold 32,000 shares of MODIS NAVNIRMAN LIMITED on January 29, 2026, through open market transactions. The sale represents 0.163% of the company's total share capital and voting rights.

Transaction Parameter: Details
Shares Sold: 32,000
Transaction Date: January 29, 2026
Mode of Sale: Open market
Percentage of Total Capital: 0.163%

Shareholding Changes

The transaction resulted in a reduction of Aegis Investment Fund PCC's stake in the company. Prior to this sale, the fund held 1,528,348 shares, representing 7.80% of the total share capital. Following the disposal, the fund's holding decreased to 1,496,348 shares, constituting 7.63% of the company's equity.

Shareholding Position: Before Transaction After Transaction
Number of Shares: 1,528,348 1,496,348
Percentage Holding: 7.80% 7.63%
Voting Rights: 7.80% 7.63%

Regulatory Compliance

The disclosure confirms that Aegis Investment Fund PCC does not belong to the promoter or promoter group of MODIS NAVNIRMAN LIMITED. The fund has fulfilled its regulatory obligations by filing the required disclosure under SEBI's substantial acquisition regulations.

Company Listing Information

MODIS NAVNIRMAN LIMITED maintains its listing status on both major Indian stock exchanges - BSE Limited (BSE) and National Stock Exchange of India Limited (NSE). The company's shares continue to be actively traded on both platforms following this transaction.

Historical Stock Returns for Modi's Navnirman

1 Day5 Days1 Month6 Months1 Year5 Years
-0.27%+1.29%+14.32%+32.52%+2.22%+2.22%

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1 Year Returns:+2.22%