The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bandhan Mutual Fund
SOBHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts less than Nifty Smallcap 250 and 0.9 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Bandhan Mutual Fund, through its Bandhan Small Cap Fund scheme, acquired 72,000 equity shares of Sobha Ltd on May 7, 2026 via open market purchase. Following this acquisition, Bandhan Mutual Fund's holding increased from 6.9590% to 7.0264% of the company's paid-up capital. The filing notes that cumulatively, the fund's holding has increased by more than 2% from the last reported holding of 5.0114% on September 30, 2025. The total shares held now stand at 75,14,234. Bandhan Mutual Fund is not part of the promoter/promoter group of Sobha Ltd.
This represents institutional accumulation by a mutual fund, pushing their stake to 7.03%. While not yet at the 10% threshold requiring open offer obligations, the consistent buying pattern crossing the 2% disclosure trigger is noteworthy for tracking institutional positioning.