The Exchange has received the disclosure under Regulation 29(2) 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, sold 49,310 shares (0.0913%) of Go Fashion (India) Ltd on February 26, 2026 via a market sale. Post-sale, SBI MF's holding stands at 41,49,164 shares, or 7.6824% of the paid-up share capital, down from 7.7737% held prior to the transaction. This disclosure is filed under Regulation 29(2) of the SEBI Takeover Regulations, triggered by the change in shareholding. SBI MF's holding in the company has come down notably from 9.7230% as reported in May 2022.
This is a minor, incremental sale by a major institutional investor, with no material impact on stock price. The holding remains meaningful at ~7.68%, indicating continued institutional interest, though the gradual trimming since 2022 is worth tracking.