The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund
STARCEMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 1.0 pts less than its Cement & Cement Products 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.
SBI Mutual Fund, through its various schemes, sold 40,83,331 shares (1.0103%) of Star Cement Ltd in the open market on February 17, 2026. Post-sale, its holding stands at 1,04,32,466 shares, representing 2.5811% of the paid-up capital, down from 3.5914% earlier. This is a continuation of a long-term trimming — back in September 2018, SBI MF held 5.4341% in the company. The total share capital of Star Cement remains unchanged at 40,41,80,417 equity shares of Re 1 each. The disclosure is filed under SEBI Takeover Regulations to report a change exceeding 2% from the last disclosure.
A large domestic mutual fund cutting its stake by over 1% in a single day is mildly negative for sentiment, though the sale is from the open market and SBI MF is not a promoter. Investors should watch for further selling or stabilising of holdings.