SBI Mutual Fund has reduced its shareholding in Happiest Minds Technologies, offloading 1,25,000 shares. Following this market sale on May 07, 2026, the fund house’s stake in the company has decreased from 5.6880% to 5.6059%. This move marks a marginal reduction in the institutional investor’s overall holding within the IT services firm as part of routine portfolio adjustments across its various schemes.
Details of the Stake Sale
SBI Mutual Fund conducted a market sale of 1,25,000 equity shares of Happiest Minds Technologies. The transaction was completed on May 07, 2026. This divestment represents a decrease of approximately 0.0821% in the total paid-up share capital of the company.
Updated Shareholding Position
Prior to this transaction, SBI Mutual Fund held 86,61,348 shares, equivalent to a 5.6880% stake. Post-transaction, the firm’s total shareholding stands at 85,36,348 shares, which accounts for 5.6059% of the total paid-up share capital of Happiest Minds Technologies.
Company Capitalization Overview
The total equity share capital of the company remains pegged at Rs 30,45,49,622, consisting of 15,22,74,811 equity shares with a face value of Rs 2 per share. This disclosure reflects the fund house’s updated investment position following the recent offloading of shares through open market operations.
Source: BSE
