StockWatch
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Residential- Commercial Projects
Shareholding11 May 2026, 01:29 pm

Sobha: Bandhan MF stake rises above 7% after share acquisition

AI Summary

Bandhan Mutual Fund, through its schemes, acquired 72,000 equity shares of Sobha Limited on May 07, 2026, increasing its holding by more than 2% of the company's paid-up capital. The fund's stake rose from 5.0114% on September 30, 2025, to 7.0264% after the acquisition. The shares were acquired through open market purchases. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Bandhan Mutual Fund acquired 72,000 shares of Sobha Ltd on May 7, 2026.
  • Bandhan MF's stake in Sobha increased from 5.0114% to 7.0264%.
  • The acquisition represents an increase of over 2% in paid-up capital.
  • The shares were acquired through open market purchases.