iValue Infosolutions shares sold by Sundara (Mauritius) Ltd – 5.7 million shares (10.43%) disposed

What iValue Infosolutions announced

On 1 July 2026, iValue Infosolutions Ltd (BSE: 544523) received a statutory disclosure from Sundara (Mauritius) Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing informs the exchanges that Sundara (Mauritius) Ltd has disposed of 5,698,416 equity shares of iValue Infosolutions in the open market on 30 June 2026. The transaction represents 10.43% of the total voting and diluted share capital of the target company.

"Sundara (Mauritius) Limited hereby submit that we have disposed of 5,698,416 Equity shares held in iValue Infosolutions Limited in Open Market on 30 June 2026."

The disclosure does not indicate any further acquisition or any remaining holding by the seller after the sale.

Details of the share disposal

• Seller: Sundara (Mauritius) Limited, a foreign entity incorporated in Mauritius.
• Number of shares sold: 5,698,416 equity shares of Rs.2 each.
• Percentage of capital: 10.43% of both the total voting capital and the diluted voting capital of iValue Infosolutions.
• Mode of disposal: Open‑market transaction (no off‑market or preferential allotment involved).
• Date of disposal: 30 June 2026.
• Post‑sale holding: The annexure shows a dash (‑) for all post‑sale categories, confirming that Sundara (Mauritius) Ltd holds zero shares after the transaction.

The total equity share capital of iValue Infosolutions, both before and after the disposal, is reported as 5,46,30,380 shares of Rs.2 each, indicating that the share count of the company remained unchanged; only the ownership structure shifted.

Regulatory filing under SEBI Regulation 29(2)

Regulation 29(2) mandates that any person acquiring or disposing of 5% or more of the voting rights in a listed company must promptly disclose the transaction to the stock exchanges. The filing was addressed to both the National Stock Exchange of India Limited and BSE Limited, complying with the requirement to inform all relevant market participants.

Key points from the annexure:

• The seller is not part of the promoter group of iValue Infosolutions.
• No encumbrances, pledges, or other voting‑right instruments were involved.
• The transaction was executed entirely through the open market, with no need for a separate allotment or approval process beyond the statutory disclosure.

Key facts at a glance

Why this matters for investors

The disclosure signals a significant reduction in the shareholding of a non‑promoter investor. While the seller is not a promoter, the 10.43% stake is material enough to be reported under SEBI rules, indicating that a sizeable block of shares has moved from a single holder to the broader market. For existing shareholders, the immediate effect is no dilution, as the total share count of the company remains unchanged. However, the open‑market nature of the sale could have temporarily increased trading volume and may have modestly impacted the share price on the day of the transaction.

From a governance perspective, the fact that the seller is not part of the promoter group means there is no direct implication for control or management decisions. The filing also confirms that there are no encumbrances or pledged shares remaining, removing any potential concerns about hidden liabilities attached to the sold shares.

Investors should note that the transaction does not require any further approvals from the board or shareholders, as it is a straightforward market sale. The only regulatory step remaining is the routine acceptance of the disclosure by the exchanges, after which the information becomes part of the public record.

Conclusion

Sundara (Mauritius) Limited sold 5,698,416 iValue Infosolutions shares on 30 June 2026, accounting for 10.43% of the company’s total share capital. The sale was executed through the open market, leaving the seller with no residual holding. The filing, made on 1 July 2026, satisfies SEBI’s Regulation 29(2) disclosure requirements and has been communicated to both NSE and BSE. No further corporate actions or approvals are pending related to this transaction.