Nalanda lifts Jyothy Labs stake to 7.61% after exchange purchase
What's the deal? Nalanda India Equity FundDealroom has a profile for this one. Try Dealroom → has disclosed an acquisition of shares in Jyothy LaboratoriesDealroom has a profile for this one. Try Dealroom →, an Indian consumer goods maker. The fund's holding rose to 27,940,830 shares, or 7.61% of voting capital, up from 24,838,446 shares (6.76%), according to a disclosure filed with the BSE.
Why now? The transaction was executed on the exchange on September 2, 2026, with settlement the next day. Nalanda disclosed it under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which require reporting of material changes in significant shareholdings.
The signal: The move deepens an existing institutional position in Jyothy Laboratories rather than initiating a new one. The filing was signed by Arshad Goodur, director, on behalf of the fund.
Read more: investywise.com
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