The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund
BELRISE · price
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Awaiting price reaction for this filing.
SBI Mutual Fund, through its various schemes, acquired 5,12,92,092 equity shares (approximately 5.13 crore shares) of Belrise Industries Limited on December 23, 2025, via market purchase. This acquisition took its total holding from 0% to 5.7639% of the company's paid-up share capital, crossing the 5% disclosure threshold under SEBI's Takeover Regulations. Belrise Industries has a total equity share capital of 88,98,79,192 shares (face value Rs. 5 each). The disclosure was filed by SBI Funds Management Limited (a joint venture between SBI and AMUNDI) on December 24, 2025.
A large institutional investor entering the stock with a 5.76% stake signals strong institutional confidence and could support the stock price. Retail investors should note increased institutional participation as a positive sentiment indicator.