Happiest Minds Technologies Limited has informed the Exchange regarding 'Disclosure pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover)Regulations, 2011'.
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SBI Mutual Fund has sold 1,25,000 shares of Happiest Minds Technologies Limited through an open market sale on May 7, 2026. This represents 0.0821% of the company's paid-up share capital. Following the sale, SBI Mutual Fund's total holding decreased from 5.6880% (86,61,348 shares) to 5.6059% (85,36,348 shares). The total share capital of the company remains unchanged at Rs 30,45,49,622 consisting of 15,22,74,811 equity shares of Rs 2 each. This disclosure is filed pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
This is a routine disclosure of a minor reduction in institutional shareholding. The 0.0821% stake sale by SBI Mutual Fund is relatively small and unlikely to have any material impact on the stock price. It reflects normal portfolio rebalancing by the mutual fund.