The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund
DELHIVERY · price
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Awaiting price reaction for this filing.
SBI Mutual Fund, acting through its various schemes, sold 18,18,819 shares (0.2431% of paid-up capital) of Delhivery on December 22, 2025 via a market sale. This brings its total holding down from 5.9342% to 5.6911%, involving 4,25,74,686 shares. The disclosure is filed under SEBI's takeover regulations because SBI MF's stake has cumulatively fallen by over 2% since its previous disclosure in April 2023, when it held 7.9117%. SBI MF is not part of the promoter group and continues to remain a significant institutional investor in Delhivery, though below the 10% FII threshold.
A gradual reduction by a large institutional investor like SBI Mutual Fund may be seen as a mild negative signal by some retail investors, but the sale size is small (0.24% in one day) and the overall decline has been spread over nearly two and a half years, suggesting steady portfolio rebalancing rather than a sudden loss of confidence.