StockWatch
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Heavy Electrical Equipment
Shareholding5 Sept 2026, 11:32 am

SBI Mutual Fund Sells 2% Stake in Thermax Ltd

AI Summary

SBI Mutual Fund has disclosed a reduction in its shareholding in Thermax Ltd. The fund, through its various schemes, sold 7,776 shares, representing 0.0065% of the paid-up share capital. This transaction brings SBI Mutual Fund's total holding down to 5.5957% from a previous 7.5979%. The sale occurred on September 3, 2026, and the disclosure was made under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The total equity share capital of Thermax Ltd remains Rs. 23,83,12,600, comprising 11,91,56,300 equity shares.

Key Highlights

  • SBI Mutual Fund reduced its stake in Thermax Ltd by 2%.
  • Net sale of 7,776 shares (0.0065%) by SBI Mutual Fund.
  • Final holding stands at 5.5957% post-transaction.
  • Disclosure made under SEBI (SAST) Regulations, 2011.
  • Transaction date: September 3, 2026.