SBI Mutual Fund has reduced its shareholding in Happiest Minds Technologies, divesting 1,25,000 shares. This transaction, executed through open market sales on May 7, 2026, brings the mutual fund’s total stake in the company down to 5.6059%. The move marks a slight adjustment to the fund’s investment portfolio in the technology firm, which was previously reported at 5.6880%.
Details of Share Divestment
In a recent regulatory filing, it was confirmed that SBI Mutual Fund has sold 1,25,000 shares of Happiest Minds Technologies. This sale, classified as a market sale, represents approximately 0.0821% of the company’s paid-up share capital. The transaction was successfully completed on May 7, 2026.
Updated Shareholding Position
Following the divestment, SBI Mutual Fund’s total holding in Happiest Minds Technologies stands at 85,36,348 shares. This revised figure represents 5.6059% of the company’s total voting capital. Prior to this sale, the fund held 86,61,348 shares, which accounted for 5.6880% of the firm’s equity.
Company Equity Structure
The total equity capital of Happiest Minds Technologies remains unchanged, consisting of 15,22,74,811 equity shares with a face value of ₹2 each. The total equity capital value is noted at ₹30,45,49,622. This stake adjustment reflects normal portfolio rebalancing activities by the institutional investor.
Source: BSE
