The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aditya Birla Sun Life Mutual Fund
SBFC · price
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Aditya Birla Sun Life Mutual Fund (ABSL MF), through its various schemes, acquired 10,00,000 equity shares (0.09%) of SBFC Finance Ltd via the open market on March 25, 2026. This pushed ABSL MF's total holding in SBFC Finance from 4.98% to 5.07%, crossing the 5% disclosure threshold under SEBI's Takeover Regulations. The acquirer is not part of the promoter/promoter group. The filing was made under Regulation 29(1) of the SEBI (SAST) Regulations, 2011, requiring disclosure whenever a shareholder crosses the 5% mark in a listed company.
This is a routine regulatory disclosure triggered by a large mutual fund crossing the 5% ownership threshold, signalling institutional confidence in SBFC Finance. The actual incremental purchase is small (0.09%), so the direct stock price impact is likely limited, but it highlights growing institutional interest in the stock.