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Shareholding11 Jul 2026, 12:00 pm

Axis MF Crosses 5% Stake in Sona BLW Precision Forgings

AI Summary

Axis Mutual Fund, through its various schemes, has acquired shares in Sona BLW Precision Forgings Ltd, crossing the 5% equity shareholding threshold. The acquisition, amounting to 288,446 shares representing 0.05% of the total equity, was made through open market purchases as part of portfolio investments. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Following the acquisition, Axis MF's total holding stands at 3,13,90,025 shares, representing 5.04% of the company's equity share capital. The total value of the transaction is approximately ₹622.03 crore.

Key Highlights

  • Axis Mutual Fund acquired over 5% stake in Sona BLW Precision Forgings.
  • The acquisition was made via open market purchases for portfolio investment.
  • Total holding now stands at 5.04% of the company's equity.
  • Disclosure made as per SEBI (SAST) Regulations, 2011.
  • Transaction value is approximately ₹622.03 crore.