Data showed that Vachani sold 16.7 lakh shares of Dixon Technologies on Monday at an average price of ₹13,301.47 per share, taking the total transaction value to well over ₹2,200 crore.
The total number of shares sold by Vachani amounts to 2.77% of the company’s outstanding equity.
As per the company’s shareholding pattern at the end of the March quarter, Vachani had a 5.34% stake in the company.
Motilal Oswal Mutual Fund was a buyer of most of the stake sold by Vachani. The fund bought 14.46 lakh shares at an average price of ₹13,307 per share.
As per the March quarter shareholding pattern, Motilal Oswal Nifty Midcap 100 ETF had a 2.24% stake in the company.
India’s domestic mutual funds had a 17.2% stake in Dixon Technologies at the end of the March quarter. Insurance companies led by LIC and HDFC Life have a 5.16% stake, while as many as 3.6 lakh small retail shareholders, or those with an authorised share capital of up to ₹2 lakh, have a 10.1% stake in the company.
Shares of Dixon Technologies ended 3.5% higher on Monday at ₹14,540. The stock is still down 3% over the last one month and over 20% so far in 2025.
