Aegis Investment Fund PCC Acquires Stakes in Modis Navnirman Limited through Open Market Purchase
Aegis Investment Fund PCC has increased its stake in Modis Navnirman Limited after purchasing shares through the open market. The acquisition was completed on June 3, 2026.The purchase saw Aegis Investment Fund PCC acquire 457,142 shares of the company. This transaction raised the fund's holding from an initial stake to a new post-acquisition level. Modis Navnirman Limited is listed on NSE and BSE.
Prior to the acquisition, the Acquirer held 1,192,348 shares, representing 6.09% of the total share or voting capital. Following the open market purchase, Aegis Investment Fund PCC's holding stood at 1,649,490 shares, translating to an 8.42% stake in Modis Navnirman Limited.
The details of the acquisition and the changes in ownership are provided below:
| Metric | Before Acquisition (Aegis) | Acquisition Details | After Acquisition (Aegis) |
|---|---|---|---|
| Shares Held | 1,192,348 | 457,142 | 1,649,490 |
| Ownership Percentage | 6.09% | 2.33% (of acquisition) | 8.42% |
The transaction was completed through the open market. The pre-acquisition equity shares capital of Modis Navnirman Limited stood at 1,192,348. Following the purchase by Aegis Investment Fund PCC, the equity shares capital increased to 1,649,490.
MODIS Stock Price Movement
Today, Modis Navnirman Limited shares edged higher, concluding the trading session at ₹346.55 after gaining 0.13%. The stock saw a total traded volume of 9,547 shares during the post-market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.