HDFC Mutual Fund increases stake in Escorts Kubota

HDFC Mutual Fund has increased its stake in Escorts Kubota Limited, according to a disclosure filed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. As of February 27, 2025, HDFC Mutual Fund schemes collectively hold 5.42% of Escorts Kubota's paid-up equity share capital. This translates to 59,63,570 equity shares out of a total equity share capital of Rs. 1,09,99,26,670, comprising 10,99,92,667 shares of Rs. 10 each. The acquisition was executed through open market purchases. The disclosure was made to the National Stock Exchange of India and the Bombay Stock Exchange.