Nippon India Mutual Fund has reduced its shareholding in vst tillers tractors through a series of open market transactions, according to a regulatory disclosure filed with stock exchanges on February 17, 2026.

Share Sale Details

The mutual fund sold 28,169 equity shares representing 0.3259% of the company's total voting capital. The transactions were executed over a period spanning from October 29, 2025, to February 13, 2026, through open market sales.

Shareholding Changes

Following the share sale, Nippon India Mutual Fund's stake in VST Tillers Tractors has been reduced from 6.6567% to 6.3308%. The fund continues to hold 5,47,195 equity shares in the company.

Company Information

VST Tillers Tractors Limited maintains an equity share capital of Rs. 8,64,33,580, comprising 86,43,358 shares with a face value of Rs. 10 per share. The company's shares are listed on both the National Stock Exchange of India Limited and BSE Limited.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Nippon India Mutual Fund, operating through Nippon Life India Trustee Limited, confirmed that it does not belong to the promoter or promoter group of VST Tillers Tractors.

The mutual fund's registered office is located at 30th Floor, One Lodha Place, Senapati Bapat Marg, Lower Parel, Mumbai – 400013. The disclosure was signed by an authorized signatory on behalf of Nippon Life India Asset Management Limited and submitted to both stock exchanges on February 17, 2026.

VST Tillers Tractors Limited has released the complete transcript of its Q3 FY26 post-results conference call held on February 09, 2026, providing comprehensive insights into the company's strategic direction and operational performance. The transcript was formally disclosed to stock exchanges on February 13, 2026, under Regulation 30 of SEBI regulations.

Conference Call Disclosure Details

The company filed the conference call transcript with both NSE and BSE, signed by Company Secretary & Compliance Officer Chinmaya Khatua. The call was hosted by B&K Securities and moderated by Annamalai Jayaraj from Batlivala and Karani Securities India Private Limited.

Key Performance Highlights Discussed

CEO Antony Cherukara highlighted the company's exceptional performance during the call, emphasizing record-breaking achievements across multiple segments.

Nine-Month Performance Overview

Q3 FY26 Quarterly Results

Strategic Initiatives and Market Expansion

During the call, management outlined several strategic initiatives including the launch of new product series and market expansion plans. The company is launching its FENTM (Fuel Efficient and Torque Max) series, starting with Gujarat and expanding to Maharashtra and other states.

Distribution Network Expansion

Future Outlook and Capex Plans

Management provided guidance on future investments and market expectations. The company expects to maintain growth momentum with planned capex of ₹60 crores for FY27, focusing on technology development and manufacturing capacity expansion.

Market Potential Analysis

Cherukara emphasized the significant untapped potential in small farm mechanization, noting that while the tractor industry serves approximately 1 million units annually, there are 15 crore farming households in India. Even assuming optimal tractor utilization, only 5 crore households receive mechanization support, leaving 10 crore households without adequate mechanization solutions.

Product Development and Innovation

The company highlighted its R&D capabilities and recent awards, including CII Design Excellence Awards for VST FEN and VST Electric Weeder. The electric product range, including electric power weeders and tillers, is set for market seeding in March 2026, with full-scale launch in the next financial year.

International Expansion Plans

The comprehensive transcript provides stakeholders with detailed insights into VST Tillers' strategic direction, operational performance, and management's confidence in sustaining growth across its diversified product portfolio.