The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund
IEX · price
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Awaiting price reaction for this filing.
SBI Mutual Fund, acting through its various schemes, sold 17,15,758 shares (0.1924% of paid-up capital) of Indian Energy Exchange Ltd on January 29, 2026, via open market sale. This brought its holding down from 4.9248% (4,39,14,169 shares) to 4.7324% (4,21,98,411 shares). The filing is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Compared to the October 2025 disclosure when holding stood at 6.76%, this marks a cumulative reduction of roughly 2 percentage points over the past quarter. SBI MF is not part of the promoter group, and the equity share capital of IEX remains unchanged at Rs 89.17 crore (89.17 crore shares of Re 1 each).
A reduction in stake by a large institutional investor like SBI Mutual Fund may be viewed as mildly negative sentiment, though the size of this particular sale is small. Retail investors should monitor whether further institutional selling follows or whether this is routine portfolio rebalancing.