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

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

BRIGHOTEL · price

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

Price reactionminutes from the announcement price · days from the prior close

+2.4%Reaction day

₹83.00

prior close

₹86.30

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%+0.9% vs market

Hotels & Resorts peers, median of 49sector+0.5%+1.9% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 1.9 pts more than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

-0.3

15m

-0.6

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.4+1.6+0.9+0.5+1.9

Next day

+9.4+2.8+6.6+0.3+9.1

+3.1+2.7+0.4+1.8+1.3

+3.8+3.0+0.8+1.7+2.1

+3.5+2.4+1.2+1.4+2.1

+1.0+2.2-1.3+2.0-1.1

+1.4-0.2+1.6-0.5+1.9

15d

-0.3+2.7-3.0+1.5-1.8

+1.8+4.7-2.9+1.9-0.1

-1.4+2.3-3.6-3.4+2.1

-5.1+1.9-7.0-7.7+2.6

UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 49Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SBI Mutual Fund, through its various schemes, acquired 2,81,613 equity shares of Brigade Hotel Ventures Ltd on August 13, 2025 via market purchase. This pushed its total holding from 1,87,87,293 shares (4.9461%) to 1,90,68,906 shares (5.0202%), thereby crossing the 5% disclosure threshold under SEBI's takeover regulations. The acquirer does not belong to the promoter or promoter group. The disclosure was filed to BSE and NSE on August 14, 2025.

Likely market impact

This is a routine institutional disclosure triggered by SBI MF crossing the 5% shareholding mark. The marginal increase (just 0.0741%) suggests a small creep past the threshold rather than a major stake-building event, and is unlikely to have a material impact on the stock price.