The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SBI Mutual Fund
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SBI Mutual Fund, through its various schemes, acquired 60,683 equity shares of United Breweries Ltd on February 1, 2026 via open market purchase. With this small acquisition (0.0230% of paid-up capital), SBI MF's total holding rose from 4.9867% to 5.0097%, crossing the 5% substantial shareholder threshold under SEBI Takeover Regulations. The acquisition was valued at roughly Rs 2.64 crore (based on paid-up capital). This is a passive institutional investor, not part of the promoter group.
This is a routine regulatory disclosure triggered because SBI MF crossed the 5% mark. While the incremental purchase is tiny, crossing 5% means SBI MF is now classified as a substantial shareholder, which could attract activist or governance attention going forward. No impact on promoter control; signals continued institutional interest in the stock.