Rashmi Nimesh Joshi and Associates Acquire 14.51% Stake in Azad India Mobility Through Warrant Conversion Aug 08, 2025
Azad India Mobility Acquires Full Ownership of NAE Mobility, Strengthening Electric Vehicle Manufacturing Capabilities Mar 28, 2025
More news about Azad India Mobility
17Mar 25
Azad India Mobility Surges 5% as 3 Sigma Global Fund Boosts Stake
Azad India Mobility Limited's shares hit the upper circuit, rising 5% to ₹112.35 following a significant stake acquisition by Mauritius-based 3 Sigma Global Fund. The FII purchased a 2.20% voting stake, acquiring 7,51,200 equity shares through warrant conversion. This increased 3 Sigma's total holding to 21.99% of the company. The transaction resulted in an increase in Azad India Mobility's equity share capital from ₹32,75,88,750 to ₹34,11,00,750.