Nippon India Mutual Fund has disclosed a substantial acquisition of shares in Whirlpool of India Limited, increasing its stake in the home appliances manufacturer through strategic open market purchases. The acquisition was disclosed under SEBI regulations on January 22, 2026, marking a significant institutional investment in the company.

Acquisition Details

The mutual fund acquired 3,99,993 shares of Whirlpool of India through open market transactions conducted over a six-month period. The purchase transactions were executed between July 10, 2025, and January 20, 2026, representing a systematic accumulation strategy by the institutional investor.

Shareholding Changes

The acquisition has resulted in a notable increase in Nippon India Mutual Fund's ownership position in Whirlpool of India. The institutional investor's total shareholding has grown from 88,10,628 shares to 92,10,621 shares, representing a significant enhancement of its investment in the company.

Company Structure and Regulatory Compliance

Whirlpool of India Limited maintains its equity share capital at ₹126.87 crores, consisting of 12,68,71,830 shares with a face value of ₹10.00 per share. The company's shares are listed on both the National Stock Exchange of India Limited and BSE Limited, providing liquidity for institutional investors like Nippon India Mutual Fund.

The disclosure was made pursuant to Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Nippon India Mutual Fund confirmed that it does not belong to the promoter or promoter group of Whirlpool of India Limited, maintaining its status as an independent institutional investor.

Investment Significance

The acquisition demonstrates Nippon India Mutual Fund's confidence in Whirlpool of India's business prospects and market position. The systematic nature of the share purchases over six months indicates a strategic investment approach rather than opportunistic buying. With its enhanced 7.26% stake, Nippon India Mutual Fund has established itself as a significant institutional shareholder in the home appliances company.

The mutual fund operates through Nippon Life India Trustee Limited and is managed by Nippon Life India Asset Management Limited, with its registered office located at One Lodha Place, Lower Parel, Mumbai. The acquisition adds to the institutional investor base of Whirlpool of India, potentially providing stability to the company's shareholding pattern.

Whirlpool of India Ltd. has executed a significant block trade on the National Stock Exchange (NSE), marking a notable institutional trading activity in the consumer durables sector. The transaction involved a substantial volume of shares at a premium price point, reflecting continued investor interest in the home appliances manufacturer.

Block Trade Details

The NSE block trade encompassed key parameters that highlight the scale and pricing of this institutional transaction:

Transaction Significance

Block trades represent large-volume transactions typically executed by institutional investors, mutual funds, or other significant market participants. These trades are conducted outside the regular market mechanism to minimize price impact on the stock's market price. The execution of such a substantial block trade indicates active institutional participation in Whirlpool of India's equity.

The price of ₹910.25 per share at which the transaction was executed provides insight into the valuation at which institutional investors are willing to transact in the company's shares. This pricing mechanism in block trades often reflects negotiated terms between large buyers and sellers.

Market Context

Whirlpool of India operates in the consumer durables sector, manufacturing and marketing home appliances across various categories. The execution of this block trade demonstrates continued institutional interest in the company's equity, with the transaction value of ₹15.66 crores representing a significant single-day trading activity for the stock.

Block trades serve as important indicators of institutional sentiment and can provide insights into large-scale portfolio adjustments by major market participants. The completion of this transaction adds to the overall trading activity and liquidity in Whirlpool of India's shares on the NSE platform.