SBI Mutual Fund Increases Stake in Bandhan Bank Ltd through Market Purchase
SBI Mutual Fund under its various schemes has increased its shareholding in Bandhan Bank Ltd following a net purchase of shares on July 22, 2026. This acquisition elevates the mutual fund’s stake from 5.0432% to 7.1314% of the paid-up share capital of the bank.The total number of shares acquired by SBI Mutual Fund under its various schemes amounts to 2,59,97,814 shares. As a result of this market purchase and sale transaction, the final holding of SBI Mutual Fund stands at 11,48,94,258 shares as of the close of business hours on July 22, 2026.
The acquisition was carried out via Market Purchase and Sale mode. The bank's equity share capital remained Rs 16,111,011,650/- consisting of 1,61,11,01,165 fully paid equity shares of face value of Rs 10/- each both before and after the transaction.
The following table provides a detailed overview of SBI Mutual Fund’s holding in Bandhan Bank Ltd before and after the acquisition:
| Metric | Pre-Acquisition Holding | Post-Acquisition Holding |
|---|---|---|
| Shares Carrying Voting Rights (Total) | 8,38,96,444 | 11,48,94,258 |
| Percentage of Paid-up Share Capital | 5.5177% | 7.1314% |
| Shares Acquired in Transaction | 2,59,97,814 | N/A |
The details of the acquisition are as follows:
| Detail | Value |
|---|---|
| Target Company (TC) | Bandhan Bank Limited |
| Acquiring Entity | SBI Mutual Fund under its various schemes |
| Mode of Acquisition | Market Purchase and Sale |
| Date of Acquisition | 22-Jul-2026 |
| Equity Share Capital Before Acquisition | Rs. 16,111,011,650/- (1,61,11,01,165 shares) |
| Total Voting Capital After Acquisition | N/A |
BANDHANBNK Stock Price Movement
As of 11:22 AM, shares of Bandhan Bank Limited are shedding value in live trading, slipping 2.12% as the stock trades at ₹162.32. The equity has seen significant activity during the session, with over 11.43 million shares traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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