Shareholding25 Jun 2026, 08:38 am
Bandhan Mutual Fund Sells Sterlite Tech Stake, Holding Drops Below 5%
AI Summary
Bandhan Mutual Fund, through its schemes, has disposed of 18,15,000 equity shares of Sterlite Technologies Limited on June 04, 2026. This sale resulted in a decrease of over 2% in Bandhan Mutual Fund's holding in Sterlite Technologies, bringing its stake down from 5.2728% to 3.0252%. The transaction was conducted via the open market. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Bandhan Mutual Fund sold 18.15 lakh shares of Sterlite Technologies.
- Holding reduced from 5.27% to 3.03% post-sale.
- Transaction occurred on June 4, 2026, via open market.
- Disclosure filed under SEBI Takeover Regulations.
Price Impact
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