SBI Mutual Fund reduces shareholding in Nuvoco Vistas Corporation to 7.36%
SBI Mutual Fund has reduced its shareholding in Nuvoco Vistas Corporation Limited from 9.3706% to 7.3614% by selling 37,084 shares representing 0.0104% of the company's paid-up share capital. The transaction was completed on April 09, 2026, leaving the mutual fund with 2,62,91,817 shares across its various schemes. This disclosure was made under SEBI Regulation 29(2) requirements for substantial shareholding changes.

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SBI Mutual Fund has disclosed a reduction in its shareholding in nuvoco vistas corporation Limited, bringing its stake down to 7.3614% from the previously reported 9.3706%. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Transaction Details
The mutual fund sold 37,084 shares through its various schemes, representing 0.0104% of the company's paid-up share capital. The transaction was completed as of the close of business hours on April 09, 2026.
| Transaction Parameter: | Details |
|---|---|
| Shares Sold: | 37,084 |
| Percentage of Capital: | 0.0104% |
| Transaction Mode: | Market Sale & Purchase |
| Transaction Date: | April 09, 2026 |
Shareholding Position
Following the transaction, SBI Mutual Fund's total holding in Nuvoco Vistas Corporation stands at 2,62,91,817 shares, representing 7.3614% of the company's paid-up share capital.
| Holding Details: | Before Transaction | After Transaction |
|---|---|---|
| Number of Shares: | 2,63,28,901 | 2,62,91,817 |
| Percentage Holding: | 7.3718% | 7.3614% |
| Voting Rights: | 7.3718% | 7.3614% |
Company Information
Nuvoco Vistas Corporation Limited has an equity share capital of Rs 3,571,561,530, consisting of 35,71,56,153 equity shares with a face value of Rs. 10 each. The company's shares are listed on both BSE Limited and the National Stock Exchange of India Limited.
Regulatory Compliance
This disclosure was made pursuant to Regulation 29(2) of SEBI regulations, which mandates reporting when there is a change of 2% or more in shareholding from the previous disclosure. SBI Mutual Fund's previous disclosure was made on September 18, 2024, when its holding was reported at 9.3706%.
The disclosure document was signed by Chief Dealer Raviprakash Sharma and Chief Risk Officer Aparna Nirgude, with copies sent to both NSE and BSE listing departments for regulatory compliance.
Historical Stock Returns for Nuvoco Vistas Corporation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.00% | +6.44% | +9.69% | -27.94% | -0.72% | -41.37% |
What factors might drive SBI Mutual Fund to further reduce its stake in Nuvoco Vistas Corporation below the 5% disclosure threshold?
How could this institutional selling pressure impact Nuvoco Vistas' stock price performance and market sentiment in the coming quarters?
Will other institutional investors follow SBI Mutual Fund's lead and reduce their positions in the cement sector?


































