SOBHABSESobha LtdHighPositive
Announced Tue, 30 Sept · 12:33 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bandhan Mutual Fund

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

SOBHA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bandhan Mutual Fund, through its various schemes, bought 15,611 equity shares (0.0146%) of Sobha Ltd on September 26, 2025 via open market transactions. This small incremental purchase pushed Bandhan MF's total holding from 4.9968% to 5.0114% of the company's paid-up capital, crossing the 5% disclosure threshold under SEBI's SAST Regulations. Bandhan Small Cap Fund is the largest contributor, holding 3.21% post-acquisition, followed by Bandhan Large & Mid Cap Fund (0.63%) and Bandhan Value Fund (0.53%). Bandhan AMC confirmed it is not part of the promoter or promoter group of Sobha.

Likely market impact

This is a routine regulatory disclosure triggered by a marginal institutional buy that crossed a reporting threshold, not a material stake change. It reflects continued institutional conviction in Sobha but is unlikely to move the stock price. Long-term shareholders may take note that a well-known mutual fund house has built a position just above 5%.