The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund
BLUESTARCO · price
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Awaiting price reaction for this filing.
SBI Mutual Fund has sold 3,89,801 shares (0.1896%) of Blue Star Ltd through open market transactions on September 30, 2025. Post-sale, SBI Mutual Fund's holding stands at 68,98,305 shares, which is 3.3550% of the company's paid-up share capital, down from 3.5445% (72,88,106 shares) earlier. Notably, SBI MF's holding was 5.4873% as of October 2024, indicating a more significant reduction over the past year. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations.
A reduction in stake by a major institutional investor like SBI Mutual Fund may be viewed as a mild negative signal by retail investors, though the percentage drop is small (0.19%). The declining trend over the past year could indicate reduced institutional confidence, but it is not large enough to materially impact the stock price.