SBI Mutual Fund has increased its investment in Gujarat State Petronet Ltd, acquiring a net of 29,77,296 shares. This strategic purchase has pushed the fund’s total holding in the company to 2,98,54,441 shares, representing a 5.2914% stake as of May 8, 2026. The acquisition was executed through market purchase, further solidifying the fund’s equity position in the energy sector entity.
Significant Stake Acquisition
SBI Mutual Fund has officially increased its investment in Gujarat State Petronet Ltd following a series of market transactions. As of May 8, 2026, the fund’s aggregate holding has crossed the 5% threshold, reaching a total of 2,98,54,441 equity shares. This investment reflects a total stake of 5.2914% in the company’s paid-up share capital.
Details of the Transaction
The acquisition of 29,77,296 shares was conducted through standard market purchases. Prior to this recent activity, SBI Mutual Fund held approximately 4.7637% of the company’s shares. With the addition of these new shares, the fund has effectively increased its stake by 0.5277%. All acquired assets are standard equity shares, with no encumbrances or special conditions attached to the holding.
Impact on Equity Capital
The total equity share capital of Gujarat State Petronet Ltd remains consistent, consisting of 5,64,2,11,376 shares with a face value of ₹10 each. This move by SBI Mutual Fund highlights continued institutional interest in the company’s long-term growth and market position within the natural gas infrastructure landscape.
Source: BSE
