PPFAS Mutual Fund Acquired Shares in EID Parry India Ltd, Increasing Stake to 5.83%
PPFAS Mutual Fund through its Schemes has increased its holding in EID Parry India Limited following an Open Market acquisition of shares carrying voting rights. The transaction marks a significant increase in the fund's stake in the company.The acquisition was completed on June 9, 2026. Previously, PPFAS Mutual Fund held 86,39,185 shares representing a 4.86% stake in EID Parry India Limited. Through this recent transaction, which involved acquiring 17,40,094 shares carrying voting rights via the open market, the combined holding of PPFAS Mutual Fund and Persons Acting in Concert (PAC) now stands at 1,03,79,279 shares.
The acquisition details provide a clear picture of the change in ownership structure for EID Parry India Limited.
Key details regarding the shareholding and corporate capital are presented below:
| Metric | Before Acquisition | Details of Acquisition | After Acquisition |
|---|---|---|---|
| PPFAS Holding (Shares) | 86,39,185 | 17,40,094 shares acquired | 1,03,79,279 shares |
| Stake in EID Parry India Ltd. | 4.86% | N/A | 5.83% |
| Total Voting Capital (TC) | Rs. 17,79,26,042 / 17,79,26,042 shares | Open Market purchase | Rs. 17,79,26,042 / 17,79,26,042 shares |
The mode of acquisition for the shares was identified as Open Market. The acquisition further solidifies PPFAS Mutual Fund's presence in EID Parry India Limited, with its stake increasing from 4.86% to 5.83%.
EIDPARRY Stock Price Movement
Shares of EID Parry India Limited are edging higher in live trading, currently at ₹714.35 as of 11:25 AM today, gaining 0.58%. The stock traded with a volume of 112,969 shares, managing to hold above the day's low of ₹712 while remaining within the intraday range established up to ₹723.25.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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