StockWatch
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Computers - Software & Consulting
Shareholding21 Oct 2026, 02:23 pm

SBI Mutual Fund Acquires 5.24% Stake in ASM Technologies via Preferential Allotment

AI Summary

SBI Mutual Fund, through various schemes and associated entities, has acquired a 5.24% stake in ASM Technologies Limited via a preferential allotment. The total acquisition involved 10,78,974 equity shares at a price of ₹4,875 per share, amounting to a total transaction value of ₹525.99 Crore. This acquisition was completed on October 16, 2026. The entities involved include SBI Mutual Fund schemes (Magnum Equity Ex - Top 100 Long Short Fund, SBI Balanced Hybrid Fund, SBI Children's Fund - Investment Plan), SBI Emergent India Fund, Derive Trading and Resorts Private Limited, and Asha Mukul Agrawal. All these entities are classified as Non-promoters.

Key Highlights

  • SBI Mutual Fund acquired 5.24% stake in ASM Technologies.
  • Total transaction value stands at ₹525.99 Crore.
  • Acquisition was made through preferential allotment.
  • The deal involved 10,78,974 equity shares.
  • Acquisition date is October 16, 2026.