New Delhi [India], March 16: Kotak Mahindra Mutual Fund (KMMF) has increased its shareholding in Park Medi World Limited, crossing the 5% ownership threshold through an open market acquisition. The transaction was disclosed to the stock exchanges in compliance with the Securities and Exchange Board of India's (SEBI) Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011.
Prior to the latest purchase, KMMF held 21,591,213 equity shares in Park Medi World Limited, representing 4.9988% of the company's issued equity share capital. On March 11, 2026, the mutual fund acquired an additional 175,164 equity shares through open market transactions. Following the acquisition, its total shareholding increased to 21,766,377 equity shares, equivalent to 5.0393% of the company's total equity share capital.
The disclosure was made by Kotak Mahindra Asset Management Company Limited, the investment manager to Kotak Mahindra Mutual Fund. The filing confirmed that the acquisition was executed through the open market and did not involve any warrants, convertible instruments, or shares under encumbrance.
Park Medi World Limited's equity structure remains unchanged following the transaction. The company continues to have a total equity share capital of 43,19,30,864 shares with a face value of ₹2 each. The increase in shareholding reflects KMMF's incremental investment through its schemes and brings the fund's holding above the key regulatory disclosure threshold.
The filing was submitted to both major stock exchanges where the company's shares are listed, in accordance with regulatory requirements governing substantial acquisitions of shares and voting rights in listed entities.
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