Capital NxT LLP Raises Stake in 3i Infotech Above 7% Through Open Market Purchase
Capital NxT LLP, along with its Persons Acting in Concert (PACs), has increased its stake in 3i Infotech Limited through open market purchases, taking the group’s aggregate shareholding above the 7% threshold. The acquisition has been disclosed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The disclosure, dated July 30, 2026, states that the increased shareholding triggered the mandatory reporting requirement under SEBI’s takeover regulations.
Key Highlights of the Acquisition
- Target Company: 3i Infotech Limited
- Acquirer: Capital NxT LLP
- Persons Acting in Concert (PACs):
- Lakshmi Kaushik
- Aishwarya Arvind
- Mythili Srinivasan
- Venkatraman Srinivasan
- Mode of Acquisition: Open Market Purchase
- Acquirer Category: Non-Promoter
- Shares Acquired: 7,03,915 equity shares
- Stake Acquired: 0.34% of the total voting share capital
Shareholding Increases to 7.08%
Before the acquisition, Capital NxT LLP and its PACs collectively held 1,39,87,454 equity shares, representing 6.74% of the company’s paid-up voting capital and 6.58% of its diluted voting capital.
Following the purchase of 7,03,915 equity shares, the group’s holding increased to 1,46,91,369 equity shares, representing:
- 7.08% of the paid-up voting share capital
- 6.91% of the diluted voting share capital
Share Capital Remains Unchanged
The transaction was completed through open market purchases and did not involve any fresh issue of shares.
- Paid-up Equity Share Capital: 20,74,03,767 equity shares
- Total Diluted Voting Capital: 21,26,10,630 equity shares
Regulatory Compliance
Capital NxT LLP confirmed that the disclosure has been made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, after its aggregate holding crossed the prescribed reporting threshold.