SBI Mutual Fund has reported a decrease in its shareholding in Petronet LNG Limited. The fund, across its various schemes, has sold net 68,77,597 shares, representing 0.4585% of the paid-up share capital. This transaction brings SBI Mutual Fund’s total holding to 4,16,92,985 shares, which is 2.7795% of Petronet LNG’s paid-up share capital as of June 11, 2026.
Shareholding Update from SBI Mutual Fund
SBI Mutual Fund has officially communicated a change in its substantial shareholding in Petronet LNG Limited. This disclosure is made in accordance with the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The fund has observed a reduction in its stake, moving from a previous holding of 5.0121% to the current level.
Transaction Details
The net transaction involved the sale of 68,77,597 shares, which accounts for 0.4585% of Petronet LNG’s total paid-up share capital. This sale was executed as a market sale and purchase, with the final holding of SBI Mutual Fund, across all its schemes, standing at 4,16,92,985 shares as of the close of business hours on June 11, 2026. This represents a shareholding of 2.7795% in the target company.
Regulatory Compliance
The disclosure is in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The previous disclosure regarding the holding of 5.0121% was made via a letter dated January 15, 2024.
Recipient and Distribution
The communication is addressed to Mr. Rajan Kapur, Vice President – Company Secretary & Compliance Officer of Petronet LNG Limited. Copies of this disclosure have also been sent to the National Stock Exchange of India Limited and BSE Limited for their records.
Source: BSE