Motilal Oswal Mutual Fund increases stake in Kalyan Jewellers

Motilal Oswal Asset Management Company, acting as the investment manager for its mutual fund schemes, has reported an additional acquisition of shares in Kalyan Jewellers India Limited. According to the disclosure made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the schemes of Motilal Oswal Mutual Fund have increased their stake. Before the acquisition, the schemes held 74,765,341 shares carrying 7.2487% of the voting capital. The acquisition involved 3,252,097 shares, raising the total holding to 78,017,438 shares, which now represents 7.5640% of the total voting capital of Kalyan Jewellers India Limited. The acquisition was executed through market transactions on April 24, 2025. The equity share capital of Kalyan Jewellers is INR103,143,537,500, with a face value of INR10 per share.