The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund
HONAUT · price
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Awaiting price reaction for this filing.
SBI Mutual Fund, through its various schemes, bought 3,260 shares of Honeywell Automation India on June 10, 2025, via market purchase. This pushed its total holding from 4,42,021 shares (4.9994%) to 4,45,281 shares (5.0362%) of the paid-up share capital, thereby crossing the 5% substantial acquisition threshold. The disclosure was filed under SEBI Regulation 29(1) on June 11, 2025. SBI Mutual Fund is not part of the promoter/promoter group. The acquisition value was small in absolute terms but crosses a key regulatory threshold that mandates disclosure.
No direct impact on share price is expected from such a small purchase (0.0369% stake increase), but it signals continued institutional confidence. SBI MF now holds just above the 5% mark, meaning any further buying will require additional disclosures under SEBI takeover rules.