The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund

Fii Holding DeclinedOwnership Changes View source PDF Explain this filing

SOLARINDS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.7%Reaction day

₹16571.00

prior close

₹16762.00

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.3%+1.4% vs market

Chemicals & Petrochemicals peers, median of 183sector · industry level+0.2%+1.4% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty 100 and 1.4 pts more than its Chemicals & Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

+0.1

15m

+0.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+0.3+1.4+0.2+1.4

Next day

+2.6+0.8+1.7+0.2+2.3

-0.3+1.9-2.2+0.3-0.6

+1.5+2.5-0.9+1.1+0.4

+1.9+2.5-0.6+1.6+0.4

+0.2+2.6-2.4+2.3-2.1

+1.7+0.7+1.0+1.0+0.6

15d

+2.6+2.6-0.0+0.8+1.8

+2.0+3.6-1.6+2.2-0.2

-12.9+0.7-13.6-0.7-12.2

-15.2+0.8-16.0-2.3-12.9

UpDownMarket · Nifty 100Sector · Chemicals & Petrochemicals peers, median of 183Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SBI Mutual Fund, under its various schemes, has reduced its stake in Solar Industries India Ltd by selling 20,413 shares (0.0226% of paid-up capital) through a market sale on May 30, 2025. Post-sale, SBI Mutual Fund's holding stands at 33,55,510 shares, or 3.7082% of the company's paid-up share capital, down from 3.7307% earlier. This filing is triggered because the cumulative decrease has crossed the 2% threshold since the last disclosure made in October 2015, when holding was 5.7056%. The sale was executed on the open market and the company's total equity remains unchanged at 9.04 crore shares of Rs. 2 face value.

Likely market impact

A marginal reduction by a major institutional investor (SBI Mutual Fund) is not material on its own, but signals a modest trim in institutional confidence. The current holding of ~3.71% keeps SBI MF a significant non-promoter institutional shareholder, and this small open-market sale is unlikely to materially affect the stock price.