SBI Mutual Fund has decreased its shareholding in City Union Bank by 2%. The fund sold 52,81,184 shares, reducing its stake to 5.7594% of the paid-up share capital as of November 25, 2025. This sale brings SBI Mutual Fund’s total holdings to 4,27,40,594 shares. The shares were sold through market transactions.
Shareholding Adjustment
SBI Mutual Fund has adjusted its investment portfolio, decreasing its stake in City Union Bank. As of November 25, 2025, the fund’s holding stands at 5.7594% of the bank’s paid-up share capital.
Details of the Transaction
The transaction involved the sale of 52,81,184 shares by SBI Mutual Fund under its various schemes. This sale represents 0.7117% of the paid-up share capital of City Union Bank. These shares were sold through open market transactions.
Revised Holding
Following the sale, SBI Mutual Fund now holds 4,27,40,594 shares in City Union Bank. This revised holding accounts for 5.7594% of the bank’s total paid-up share capital.
Previous Disclosure
This change in shareholding follows a previous disclosure made on July 03, 2024, where the reported holding was 8.1799%. The current sale reflects a decrease of 2% from that previously disclosed percentage.
Source: BSE