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Mirae Asset Mutual Fund Increases Stake in Laurus Labs to 4.03% Through Open Market Purchase

Startups • February 20, 2026

Mirae Asset Mutual Fund Increases Stake in Laurus Labs to 4.03% Through Open Market Purchase is drawing significant interest across the industry.

Mirae Asset Investment Managers (India) Private Limited has increased its stake in Laurus Labs Limited through the acquisition of 111,064 shares via open market transactions on February 18, 2026. The purchase raised the mutual fund's holding from 4.01% to 4.03% of the total share capital, representing 21,737,464 shares. The disclosure was filed under SEBI regulations on February 19, 2026, confirming compliance with substantial acquisition norms for the pharmaceutical company listed on NSE and BSE.

Experts suggest this could influence future trends and innovation in the sector.

More updates are expected as the story develops.


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