Nuvoco Vistas Corporation SBI Mutual Fund Reduces Stake to 7.36%

SBI Mutual Fund has reduced its shareholding in Nuvoco Vistas Corporation following a net sale of 37,084 shares. This transaction, executed on April 9, 2026, brings the total stake held by the fund house under its various schemes to 7.3614%. The divestment reflects a minor adjustment to the fund’s investment portfolio in the company.

Details of the Share Divestment

As per the latest disclosure, SBI Mutual Fund has offloaded a portion of its equity in Nuvoco Vistas Corporation through open market operations. The sale of 37,084 shares accounts for 0.0104% of the company’s total paid-up share capital. Prior to this sale, the fund house held a 7.3718% stake, equivalent to 2,63,28,901 shares.

Current Shareholding Position

Following the completion of the transaction on April 9, 2026, the aggregate holding of SBI Mutual Fund stands at 2,62,91,817 shares. This represents 7.3614% of the total equity capital of the company. The company maintains an equity base of 3,57,156,153 shares, each with a face value of ₹10.

Strategic Context

This move is part of the routine portfolio rebalancing activities managed by the fund house under its various schemes. The transaction was conducted via a market sale and purchase, signaling a marginal shift in the institutional holding pattern of Nuvoco Vistas Corporation.

Source: BSE

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