Announced Wed, 27 May · 18:02 IST
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund
SBCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹758.25
prior close
₹755.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.8-2.0-1.0-0.7-3.5-2.8-4.1-3.7-6.1-3.9-0.6-1.8——
Up moveDown movePending
AI summary
SBI Mutual Fund sold 1,82,746 shares (0.3172% stake) in Shivalik Bimetal Controls Ltd through a market sale on May 26, 2026. The holding decreased from 3.6493% (21,02,146 shares) to 3.3320% (19,19,400 shares). This is a routine institutional investor disclosure under SEBI SAST regulations. SBI Mutual Fund is not part of the promoter group of the company. The transaction was executed in the open market.
Likely market impact
The reduction in mutual fund holding from 3.65% to 3.33% represents a modest sell-off by an institutional investor. While not alarming, it signals reduced institutional confidence in the stock at current levels.