SBI Mutual Fund Acquires 5.25% Stake in ASM Technologies
SBI Mutual Fund has acquired 8,22,564 equity shares of ASM Technologies Limited through a preferential allotment, taking its shareholding in the company from 0% to 5.2501% of the paid-up share capital.
The shares were allotted on October 16, 2026. The acquisition crossed the 5% shareholding disclosure threshold under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, triggering the relevant regulatory disclosure requirements.
SBI Mutual Fund Shareholding Impact
According to the disclosure, SBI Mutual Fund did not hold any shares in ASM Technologies before the acquisition. Following the preferential allotment, its holding increased to 8,22,564 equity shares, representing 5.2501% of the company's paid-up share capital.
The shares were acquired across various schemes of SBI Mutual Fund. SBI Funds Management Limited submitted the disclosure to ASM Technologies in accordance with Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
SBI Mutual Fund-ASM Technologies Acquisition Highlights
| Particulars | Details |
|---|---|
| Company | ASM Technologies Limited |
| Acquirer | SBI Mutual Fund |
| Disclosure Submitted By | SBI Funds Management Limited |
| Shares Acquired | 8,22,564 equity shares |
| Acquisition Method | Preferential allotment |
| Allotment Date | October 16, 2026 |
| Shareholding Before Acquisition | 0% |
| Shareholding After Acquisition | 5.2501% |
| Disclosure Threshold | 5% |
| Face Value per Share | Rs.10 |
| Regulatory Reference | Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 |
What to Watch Next
- Further stock exchange filings from ASM Technologies regarding its shareholding pattern and the preferential allotment.
- Future regulatory disclosures reflecting any changes in SBI Mutual Fund's shareholding in the company.
- Additional announcements concerning institutional ownership and other corporate developments at ASM Technologies.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
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