Mirae Asset raises stake in Bata India to 7.50%

Mirae Asset Mutual Fund, through Mirae Asset Investment Managers (India) Private Limited, has disclosed the acquisition of shares in Bata India Ltd. The acquisition took place on September 4, 2025.

Prior to this transaction, Mirae Asset's total holding in Bata India Ltd. was 8,816,487 shares, representing 6.86% of the total share/voting capital. The latest acquisition involved an additional 816,848 shares, equivalent to 0.64% of the share/voting capital. This brings their total post-acquisition holding to 9,633,335 shares, or 7.50% of the total voting capital.

The acquisition was executed via an open market transaction. The disclosure was signed by Rimmi Jain, head - compliance, legal and company secretary for Mirae Asset Investment Managers (India) Private Limited, on September 5, 2025.