SBI Mutual Fund, through its various schemes, has acquired 2,54,865 shares of Tech Mahindra Ltd. This acquisition results in a total holding of 4,91,39,039 shares, representing 5.0134% of the company’s paid-up share capital as of September 17, 2026. The shares were acquired via market purchase, as detailed in the regulatory filing.
SBI Mutual Fund Crosses 5% Stake in Tech Mahindra
SBI Mutual Fund has announced a significant increase in its shareholding in Tech Mahindra Ltd. The mutual fund house, acting through its various investment schemes, acquired an additional 2,54,865 shares on September 17, 2026. This strategic acquisition has pushed its total holding to 4,91,39,039 shares, which constitutes 5.0134% of Tech Mahindra’s total paid-up share capital.
Details of Acquisition
The acquisition of these shares was executed through market purchase. Prior to this transaction, SBI Mutual Fund held 4,88,84,174 shares, representing 4.9874% of the company’s capital. The latest acquisition, while small in absolute number, is significant as it crosses the 5% threshold, triggering regulatory disclosure requirements.
Total Holding Post-Acquisition
As of the close of business on September 17, 2026, SBI Mutual Fund’s total consolidated holding in Tech Mahindra stands at 4,91,39,039 equity shares. This represents 5.0134% of the total diluted share capital of the target company. The face value of these shares is Rs. 5/- each, and the total value of the holding before this acquisition was approximately Rs. 4,90,07,95,425.
Source: BSE