Prominent promoter and SAST stake changes hit Indian stocks including LCC Infotech, SERA, Wendt India, and JSW Infrastructure.
Promoters and Acquirers Rock Stakeholdings at Top Indian Companies
In a significant turn of events for Indian stock market observers, a number of significant stake purchases and promoter-level transactions were revealed on May 22, 2025. Entities such as LCC Infotech, Sera Investments, Mishka Exim, and Paras Defence experienced strategic changes in patterns of shareholding, both by promoters and under the SAST (Substantial Acquisition of Shares and Takeovers) regulations.
These transactions, although diverse in magnitude, are all indicative of growing interest among institutional investors and promoters betting on the future potential of their firms. Following is a summary of the most notable transactions that took place:
Promoter Stake Increases: Confidence in Growth
LCC Infotech Ltd (LCCINFOTEC)
Promoter Shreeram Bagla made a dramatic move, increasing his stake from a negligible 0.01% to 5.64%, marking a 5.63% jump. This sharp acquisition reflects newfound strategic interest in LCC Infotech, which operates in the tech and IT education space. The sudden increase may point to future operational developments or restructuring.
Sera Investments & Finance India Ltd (SERA)
More Read
Seraphim Ventures Private Limited, the promoter entity, continued its gradual stake build-up. First increasing its holding from 17.21% to 17.42%, and shortly thereafter to 17.57%, the total increase stands at 0.36%. The consistent acquisition hints at a long-term investment perspective and potential restructuring in Sera’s diversified financial services model.
Mishka Exim Ltd (MISHKA)
Two separate promoter entities increased their stakes:
- Supertech Financial Services Pvt Ltd moved from 3.46% to 3.67%, a gain of 0.21%.
- Starlight Holdings Pvt Ltd went from 7.61% to 7.78%, a modest 0.17% increase.
These parallel moves suggest coordinated promoter action in fortifying control over Mishka Exim, which is involved in trading and textile exports.
SAST Acquisitions: Major Institutional Moves
Several SAST-based disclosures also emerged, signaling strong institutional interest:
Wendt (India) Ltd (WENDT)
Wendt GmbH, the German parent company, acquired 37.5% of the company’s shares, consolidating its control over the high-precision grinding tool manufacturer. The move aligns with Wendt GmbH’s long-term strategy to expand its India operations.
Shankara Building Products Ltd (SHANKARA)
APL Apollo Mart Ltd picked up a 6.12% stake, reinforcing strategic alignment in the building materials sector. The acquisition is expected to enhance synergies in distribution and product development between the two firms.
Le Travenues Technology Ltd (IXIGO)
Travel-tech firm IXIGO saw a 3.02% stake acquired by SAIF Partners India IV Limited, a prominent private equity player. The deal points toward institutional backing for India’s growing travel and mobility segment.
Paras Defence and Space Technologies Ltd (PARAS)
Sharad Virji Shah, an individual acquirer, made a 2.23% purchase. With Paras Defence involved in niche defence technologies, such moves are closely watched given the strategic importance of the sector.
JSW Infrastructure Ltd (JSWINFRA)
The Sajjan Jindal Family Trust, through trustees Mr. Sajjan Jindal and Mrs. Sangita Jindal, acquired 2% in JSW Infrastructure, reinforcing their long-term commitment to the company’s infrastructure expansion.
Market Outlook and Implications
These promoter and SAST acquisitions underscore a renewed wave of confidence in Indian mid-cap and growth-stage companies. While LCC Infotech’s sudden jump stands out, consistent acquisitions in companies like SERA and Mishka signal sustained interest.
Institutional moves, especially from international entities like Wendt GmbH and domestic heavyweights like the Jindal family, add credibility to the Indian market’s ongoing resilience.
Investors should watch these counters closely as such stake changes often precede strategic announcements, mergers, or operational overhauls.
