Discover the top promoter and SAST deals in Indian markets this week, including big moves by WestBridge, Fettle Tone LLP, and Reliance Infra.
Top Promoter and SAST Deals in Indian Markets – June 2025 Update
As regulatory filings continue to reveal significant changes in promoter and substantial acquisition of shares and takeovers (SAST) activity, several Indian companies have witnessed notable stake movements this week. From high-profile fund exits to strategic promoter infusions, the latest disclosures from June 3, 2025, showcase how investor sentiment is shaping equity ownership across various sectors.
Let’s take a look at the most impactful transactions that are making headlines in the Indian stock market.
SAST Deals: Key Institutional Moves
1. Aptus Value Housing Finance India Ltd (APTUS)
In one of the week’s biggest SAST filings, WestBridge Crossover Fund, LLC reduced its stake in Aptus by 13.26%, signaling a strategic exit from this financial services firm. This move may affect market perception, especially among retail investors tracking institutional behavior.
2. Niva Bupa Health Insurance Co. Ltd (NIVABUPA)
Health insurance firm Niva Bupa saw Fettle Tone LLP acquire a 9.47% stake, pointing towards increased institutional interest in India’s expanding health insurance sector.
3. LCC Infotech Ltd (LCCINFOTEC)
Pratik Lakhotia emerged as a notable acquirer in this IT education firm, picking up 5.63% stake, as per SAST filings. Interestingly, this acquisition was disclosed twice in the filing data—possibly to correct or reiterate the transaction.
4. Bombay Dyeing & Mfg Co. Ltd (BOMDYEING)
The Bombay Burmah Trading Corporation Ltd, a part of the Wadia Group, increased its stake in Bombay Dyeing by 2.71%, indicating long-term confidence in the company’s turnaround efforts.
Promoter Stake Changes: Family-Driven Consolidations
1. Choksi Asia Ltd (CHOKSI)
Prominent activity was observed in Choksi Asia Ltd, where two key promoters increased their holdings:
- Bindu Choksi acquired a fresh 24.03% stake, bringing her holding from 0% to 24.03%.
- Samir Choksi raised his stake from 29.07% to 43.9%, a 14.83% increase.
Such sizable infusions often signal strategic alignment or restructuring in family-led businesses.
2. LCC Infotech Ltd (LCCINFOTEC)
In addition to institutional acquisition, promoter Rachna Suman Shaw entered the picture with a 14.45% stake, marking a fresh promoter-level interest in the firm’s growth plans.
3. Puretrop Fruits Ltd (PURETROP)
Ashok Vishindas Motiani, promoter of this agri-products firm, slightly upped his stake from 17.78% to 18.16%. While a small shift (0.38%), it may reflect continued promoter faith in operational performance.
4. Oxygenta Pharmaceutical Ltd (OXYGENTAPH)
Virupaksha Organics Ltd marginally increased its promoter holding from 28.73% to 29%, hinting at potential upstream integration or stability-focused moves.
Other Notable Acquisitions & SAST Disclosures
On June 3, 2025, several other shareholding movements were filed with the exchanges, including:
- MANBRO Industries Ltd (MANBRO): Binod Kumar Goenka acquired 4.2 million shares, although total post-transaction holding is reported as 0%, suggesting a probable off-market exit.
- Reliance Infrastructure Ltd (RELINFRA): Authum Investment & Infrastructure Ltd bought 250,000 shares, taking their holding to 10.42%, potentially cementing their strategic interest in the company.
- Indegene Ltd (INDGN): In a massive bulk deal, Catalyst Trusteeship Ltd acquired 24.47 million shares, but reported 0% holding post-deal, indicating short-term or trustee-led action.
- Gravity (India) Ltd (GRAVITY): Dakshaben R. Thakkar made two consecutive purchases:
- 230,610 shares (post-holding: 5.77%)
- 200,000 shares (post-holding: 3.55%)
- 230,610 shares (post-holding: 5.77%)
The rise in shareholding by individual acquirers in small-cap firms often precedes operational changes or board-level involvement.
What This Means for Investors
These promoter and SAST deals reveal emerging patterns in market positioning:
- Institutional reshuffling in financial and healthcare services.
- Promoter consolidation in mid and small-cap companies.
- Tactical entries hinting at possible corporate actions or re-alignments.
Investors tracking stock trends, especially in companies like Aptus, Choksi Asia, and Reliance Infra, should closely monitor subsequent price movements and upcoming board announcements.
Conclusion
The June 2025 promoter and SAST filings provide valuable insights into how key players are positioning themselves in the evolving Indian equity landscape. Whether you’re a retail investor or market analyst, these ownership changes offer early indicators of strategic intentions—and sometimes, hidden stories waiting to unfold.