The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund

BANDHANBNK · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+3.6%1-day move

₹191.25

prior close

₹191.50

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.2-0.2-0.0+0.4+3.6+5.2+7.7+9.5+8.2+8.3+10.0+8.2-9.0—

Up moveDown movePending

AI summary

SBI Mutual Fund acquired 16,98,478 equity shares of Bandhan Bank through open market purchases on May 20, 2026. This acquisition pushed SBI Mutual Fund's total holding above the 5% threshold, from 4.9378% (7,95,48,256 shares) to 5.0432% (8,12,46,734 shares) of the bank's paid-up share capital. The acquirer has confirmed it does not belong to the Promoter/Promoter group. The filing is a mandatory disclosure triggered by crossing the 5% substantial acquisition threshold under SEBI SAST regulations.

Likely market impact

Crossing the 5% holding mark is a regulatory milestone that increases visibility of institutional ownership. While SBI Mutual Fund is not a promoter entity, this signals growing institutional confidence in Bandhan Bank, which could be positive for the stock's investor sentiment.