Al Maha Investment Fund Snaps Up 5.41% Stake in Visa Chrome
Al Maha Investment Fund has acquired a significant stake in Visa Chrome Limited. The fund purchased 7,894,000 equity shares on August 17, 2026, through open market transactions. This acquisition brings Al Maha's total holding to 5.4146% of Visa Chrome's total voting capital and 4.7615% of its fully diluted capital.
The disclosure was made under SEBI regulations for substantial acquisitions. The fund confirmed that it held no prior interest in the company before this transaction. The shares acquired are standard equity shares with no conversion or redemption terms applicable.
Visa Chrome Limited has a total equity share capital of 14,57,90,000 shares and fully diluted share capital of 165,789,500 shares. The difference between the two percentages highlights the dilution impact of potential future issuances on Al Maha's effective ownership stake.