Invesco Mutual Fund Raises Gaja Alternative Stake to 8.32%
By Business Desk
Invesco Mutual Fund schemes boosted their stake in Gaja Alternative Asset Management Ltd to 8.32% through open market transactions, acquiring an additional 6.61%.
Invesco Mutual Fund schemes significantly increased their stake in Gaja Alternative Asset Management Ltd, bringing their total holding to 8.32% of the company’s paid-up share capital as of August 26, 2026. This substantial acquisition was executed through a series of open market transactions.
The move involved the purchase of an additional 6.61% stake in the alternative asset management firm. These transactions represent a notable shift in Invesco Mutual Fund’s portfolio allocation.
Key Transaction Details
- Aggregate holding now stands at 8.32% of paid-up share capital.
- The recent acquisition added 6.61% to their stake.
- A total of 93,18,919 equity shares with voting rights were acquired.
- Prior to this transaction, Invesco Mutual Fund held 24,16,622 shares, equivalent to 1.71% of the company’s equity.
The acquisition was facilitated across five specific fund schemes managed by Invesco Asset Management (India) Pvt. Ltd. These schemes collectively participated in the open market purchases.
Invesco Fund Participation
- Invesco India Consumption Fund
- Invesco India Smallcap Fund
- Invesco India Financial Services Fund
- Invesco India ELSS Tax Saver Fund
- Summit Equity Long-Short Fund
The disclosure regarding this acquisition was made in compliance with Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Hardik Mehta, Chief Risk Officer at Invesco Asset Management (India) Pvt. Ltd., submitted the necessary filings.
These disclosures were submitted to both the National Stock Exchange of India Ltd. and BSE Limited. It was explicitly confirmed that the acquiring entity is not part of the promoter or promoter group of Gaja Alternative Asset Management Ltd.
Gaja Alternative Asset Management Ltd.’s total equity share capital remains stable at ₹70,50,51,150. This capital comprises 14,10,10,230 equity shares, each valued at Re. 5. The company confirmed that no warrants, convertible securities, or encumbered shares were involved in the recent transactions.