The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund
GANECOS · price
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SBI Mutual Fund sold 23,500 shares of Ganesha Ecosphere Ltd through a market sale on April 27, 2026, reducing its holding from 7.1635% to 7.0758% of the company's paid-up capital. The transaction represents a 0.0877% stake sale. Following the sale, SBI Mutual Fund holds 18,96,022 shares worth approximately 7.08% of the company. This disclosure is filed under SEBI SAST Regulations, which require disclosure when an acquirer's holding crosses certain thresholds. The sale is part of routine portfolio rebalancing by the mutual fund.
The reduction in institutional holding by a major mutual fund like SBI could signal reduced confidence or portfolio rebalancing. While the percentage drop is small (0.09%), it represents a decrease from a prior disclosure level and may have a minor negative sentiment impact on the stock.