Shareholding1 Oct 2026, 09:57 am
SBI Mutual Fund Acquires 7.18% Stake in Elevate Campuses
AI Summary
SBI Mutual Fund, through its various schemes, has acquired a significant stake in Elevate Campuses Ltd. The acquisition, which occurred on September 29, 2026, involved the purchase of 36,74,950 shares, bringing the total holding to 1,21,00,327 shares, representing 7.1799% of the company's paid-up share capital. This disclosure is made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition was part of an Initial Public Offer, with the total investment amounting to ₹16,85,31,037.
Key Highlights
- SBI Mutual Fund acquired 7.18% stake in Elevate Campuses.
- Acquisition of 36,74,950 shares on September 29, 2026.
- Total holding now stands at 1,21,00,327 shares.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
- Acquisition was part of an Initial Public Offer.
Price Impact
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