Shareholding30 May 2026, 11:02 am
SBI Mutual Fund Increases Stake in Pine Labs to 7.41%
AI Summary
SBI Mutual Fund, under its various schemes, has increased its shareholding in Pine Labs Ltd by 2% to 7.4099% of the paid-up share capital as of May 27, 2026. This increase is a result of purchasing 1,50,55,164 shares, representing 1.3111% of the company's paid-up share capital. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- SBI Mutual Fund's holding in Pine Labs rises to 7.4099%.
- SBI Mutual Fund purchased 1,50,55,164 additional shares.
- The acquisition represents 1.3111% of Pine Labs' paid-up capital.
- Disclosure made under SEBI Takeover Regulations.
- Total shares held by SBI Mutual Fund now stand at 8,50,85,818.
Price Impact
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