SBI Mutual Fund has increased its shareholding in Bandhan Bank by acquiring an additional 1,698,478 equity shares. Following this market purchase on May 20, 2026, the fund house now holds a total of 8,12,46,734 shares. This latest investment brings SBI Mutual Fund’s total stake in the bank to 5.0432% of the total paid-up share capital, marking a significant move by the institutional investor.
Strategic Investment Details
SBI Mutual Fund has further strengthened its position in Bandhan Bank through a series of market purchases. The acquisition of 1,698,478 shares was executed on May 20, 2026, representing a 0.1054% increase in the fund’s ownership. This transaction has pushed the total holding of SBI Mutual Fund, across its various schemes, to 8,12,46,734 equity shares.
Impact on Shareholding Structure
With this purchase, the total shareholding of SBI Mutual Fund has crossed the 5% threshold, now standing at 5.0432% of the total paid-up share capital of Bandhan Bank. Prior to this acquisition, the fund held 7,95,48,256 shares, which accounted for 4.9378% of the company’s equity. This move reflects the fund’s growing confidence in the bank’s long-term growth prospects as an institutional shareholder.
Transaction Overview
The shares were acquired through open market transactions. This investment highlights the ongoing portfolio rebalancing and accumulation strategy adopted by institutional investors in the banking sector. The total equity share capital of the bank remains consistent with 1,61,10,17,956 shares, with a face value of ₹10 each, ensuring that the acquisition successfully reflects a change in ownership percentage without altering the overall equity base of the institution.
Source: BSE
