ReferIndia News SMALLCAP World Fund reduces stake in Tube Investments of India to 3.18%

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SMALLCAP World Fund reduces stake in Tube Investments of India to 3.18%

Published on: Jan. 30, 2026, 11:37 a.m. | Source: scanx.trade

SMALLCAP World Fund, Inc. has reduced its stake in Tube Investments of India Ltd from 5.58% to 3.18% by selling 46.42 lakh shares through open market transactions on 28 January 2026. The transaction represents a 2.40% reduction in voting capital and was disclosed under SEBI's substantial acquisition regulations. The fund is managed by Capital Research and Management Company, with the disclosure signed by Christopher J. Salo from Los Angeles, California.

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