Deep Health AI Alters Holdings in Exxaro Tiles through Share Acquisition and Disposal
Deep Health AI India Limited, formerly known as Deep Diamond India Limited, has completed a series of transactions involving equity shares of Exxaro Tiles Limited. The company acquired and sold substantial numbers of the Target Company’s equity shares through the stock exchange mechanism over a period spanning February 26, 2026, to June 22, 2026.The shareholding changes reflect significant movement in the acquirer's stake in Exxaro Tiles Limited (TCl).
During this timeframe, Deep Health AI India Limited acquired 50,38,402 shares carrying voting rights, representing 1.13% of the diluted share/voting capital of TCl. Concurrently, the company disposed of 1,51,33,573 equity shares, which amounted to 3.38% of the total diluted share/voting capital of the Target Company.
The transaction details and changes in holding are summarized below:
| Shareholding Detail | Before Acquisition/Disposal | Shares Acquired (Open Market) | Shares Sold (Open Market) | After Acquisition/Sale |
|---|---|---|---|---|
| Shares Carrying Voting Rights | 3,68,37,332 (8.23%) | 50,38,402 (1.13%) | 1,51,33,573 (3.38%) | 2,67,42,767 (5.98%) |
| Total Diluted Share/Voting Capital | Rs. 44,74,70,70A | N/A | N/A | Rs. 44,74,70,70A |
The combined effect of the acquisitions and disposals results in Deep Health AI India Limited holding a final stake of 2,67,42,767 shares, equating to 5.98% of the total diluted share/voting capital of Exxaro Tiles Limited. Both transactions were conducted through the Open Market mechanism.
EXXARO Stock Price Movement
Shares of Exxaro Tiles Limited slipped by 1.99% on Wednesday to settle at ₹6.90 after trading saw a notable decline from the previous close. The stock finished with a daily volume of 265,572 shares, hitting a day low of ₹6.86.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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