SBI Mutual Fund, through its various schemes, has reduced its shareholding in Archean Chemical Industries Ltd. by 2%. The fund’s holding now stands at 53,63,574 shares, representing 4.3444% of the company’s paid-up share capital as of September 3, 2026. This disclosure, made under SEBI regulations, follows the sale of 1,47,599 shares.
SBI Mutual Fund Adjusts Stake in Archean Chemical
SBI Mutual Fund has reported a change in its shareholding in Archean Chemical Industries Ltd. The fund has decreased its overall stake by 2%, moving from a previous disclosure of 6.4616% to a new holding of 4.3444% as of the close of business on September 3, 2026. This adjustment was facilitated by the sale of 1,47,599 shares, which represented approximately 0.1196% of the company’s paid-up share capital.
Detailed Holding Information
Following the sale, SBI Mutual Fund’s total holding in Archean Chemical Industries stands at 53,63,574 shares. This new share count constitutes 4.3444% of the total paid-up share capital of the company. The transaction, categorized as a ‘Market Sale’, occurred on September 3, 2026. The disclosure adheres to the reporting requirements under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Company and Share Capital Details
Archean Chemical Industries Limited’s equity share capital before this transaction was valued at Rs. 24,69,16,788, comprising 12,34,58,394 equity shares with a face value of Rs. 2 each. The equity share capital remains the same after the sale. The shares of Archean Chemical Industries are listed on both the BSE Ltd and the National Stock Exchange of India Ltd.
Source: BSE
