Nippon India Mutual Fund Increases Stake in Aditya Birla Lifestyle Brands Ltd through Open Market Purchases
Nippon India Mutual Fund has increased its stake in Aditya Birla Lifestyle Brands Limited (ABBL) following a period of open market purchases. The fund now holds 5.3338% of the company's total diluted share capital, up from its previous holding.The acquisition was carried out by Nippon India Mutual Fund through NipponLife India Trustee Limited A/c and spanned the period from May 23, 2025, to June 9, 2026. The fund acquired a total of 7,704,447 shares in ABBL via open market transactions.
Aditya Birla Lifestyle Brands is listed on both The National Stock Exchange of India Ltd and BSE Limited.
The transaction details regarding the acquisition and subsequent holding status are summarized below:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Nippon Mutual Fund Holding (Shares) | 5,73,95,153 | 6,50,99,600 |
| Holding (% of Diluted Capital) | 4.7025% | 5.3338% |
The acquisition was executed entirely through the open market. The total equity share capital and voting capital of Aditya Birla Lifestyle Brands stood at Rs 12,20,52,16,490/- (1,22,05,21,649 shares at the face value of Rs. 10 per share) both before and after the said acquisition.
ABLBL Stock Price Movement
Shares of Aditya Birla Lifestyle Brands Limited are rallying in the morning session, edging higher 1.45% as of 10:33 AM with the stock trading at ₹96.76. The equity experiences brisk movement on strong interest, underpinned by a traded volume reaching 86,767 shares.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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