Investors Acquire 3.8% Stake in CP Plus as Promoters Reduce Holdings Below 75%

On February 25, Abu Dhabi Investment Authority, Kedaara Capital, Ashoka WhiteOak, Nomura, and other investors acquired a combined 3.8% stake in Aditya Infotech (CP Plus) through open market transactions. Promoters Hari Khemka Business Family Trust and Rishi Khemka sold a total 2% stake to comply with minimum public shareholding norms, reducing promoter holdings below 75% to 74.91%. Dixon Technologies also offloaded 3.8% stake via block deals. Following these transactions, CP Plus shares rose 11% over two days, closing at Rs 1,614.4 on February 26.