<h1>Capital NxT LLP Reaches 5% Stake in Shares of 3i Infotech Limited</h1>
The aggregate shareholding of Capital NxT LLP, along with associated Persons Acting in Concert (PACs), has reached a material threshold in the shares of 3i Infotech Limited. This acquisition details the increase in stake held by the acquirer group in the target company.
Capital NxT LLP, which acts as the primary Acquirer, holds the shares alongside several PAC members: Lakshmi Kaushik, Aishwarya Arvind, Mythili Srinivasan, and Venkatraman Srinivasan. The ownership structure shows that the acquiring entity does not belong to the Promoter or Promoter group of 3i Infotech Limited.
The acquisition was executed through Open Market purchases.
Details regarding the shareholding before and after the transaction are presented below:
| Holding Category | Before Acquisition (Shares) | Before Acquisition (% Voting Capital) | Before Acquisition (% Diluted Capital) | After Acquisition (Shares) | After Acquisition (% Voting Capital) | After Acquisition (% Diluted Capital) |
|---|---|---|---|---|---|---|
| Shares Carrying Voting Rights | 10,310,229 | 4.97% | 4.85% | 10,410,229 | 5.02% | 4.90% |
The transaction involved the purchase of equity shares through the Open Market. The total number of shares carrying voting rights held by the Acquirer and PACs increased from 10,310,229 to 10,410,229 following the acquisition.
Before the acquisition, the equity share capital was recorded at 207,400,376 shares carrying voting rights. Following the transaction, the total diluted share/voting capital of 3i Infotech Limited stands at 212,610,630.
3IINFOLTD Stock Price Movement
Shares of 3i Infotech Limited are edging higher to ₹19.08 as of 3:29 PM, gaining 1.92% in live trading after climbing ₹0.36. The stock navigated an intraday range between a low of ₹18.53 and a high of ₹19.35, with nearly 759,699 shares traded so far.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.
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