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