Disclosure pursuant to Regulation 29(2) of SEBI (SAST) Regulations, 2011
HAPPSTMNDS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SBI Mutual Fund sold 1,25,000 shares of Happiest Minds Technologies through a market sale on May 7, 2026. This reduced their holding from 5.6880% (86,61,348 shares) to 5.6059% (85,36,348 shares) of the company's paid-up capital. The sale represents 0.0821% of total equity shares. The company has a paid-up capital of Rs 30,45,49,622 consisting of 15,22,74,811 equity shares of Rs 2 each. The letter notes there has been a 2% decrease from the previous disclosure, suggesting multiple transactions over time.
This is a routine institutional investor trimming their position by a small amount. The ~0.08% reduction in FII holding is not significant enough to materially impact the stock price. It reflects normal portfolio rebalancing by a mutual fund.