SBI Mutual Fund has disclosed a reduction in its stake in HEG Ltd. The total shareholding across its schemes has decreased by 2.00% from the previously reported figure. The fund sold 24,50,535 shares, representing 1.2699% of the paid-up capital. As of February 11, 2026, the fund’s residual holding stands at 3.5164% of HEG Ltd’s total equity.
Change in Stake Disclosure for HEG Ltd
SBI Funds Management Limited has formally communicated a decrease in the cumulative shareholding of SBI Mutual Fund across its various schemes in HEG Ltd. This action represents a significant reduction of 2% compared to the holding previously disclosed on January 07, 2026, which stood at 5.7144% of the company’s paid-up share capital.
Transaction Details
The disposal activity involved the sale of 24,50,535 equity shares. This transaction equates to a 1.2699% reduction in the total voting rights held by the fund manager in HEG Ltd.
The transaction was executed via Market Sale, with the actual sale of 2,450,535 shares occurring on February 11, 2026. The total equity capital base of HEG Ltd, used for calculation purposes, consists of 19,29,77,530 equity shares, each having a face value of Rs. 2/-.
Residual Holding Post-Sale
Following this divestment, the final holding of SBI Mutual Fund, as reported at the close of business on February 11, 2026, totals 67,85,925 shares. This residual position represents 3.5164% of the total paid-up share capital of the Target Company, HEG Limited.
Regulatory Compliance Statement
The Chief Compliance Officer & Company Secretary for SBI Funds Management Limited confirmed that this disclosure is furnished in compliance with the requisite provisions of the applicable takeover regulations.
Source: BSE
