Sansera Engineering has received a shareholding change disclosure from SBI Mutual Fund under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The mutual fund has reduced its stake in the engineering company through market transactions completed on April 02, 2026.

Shareholding Reduction Details

SBI Mutual Fund, operating under its various schemes, sold 21,421 shares of Sansera Engineering, representing 0.0344% of the company's paid-up share capital. The transaction was executed through market sale on April 02, 2026.

Holdings Comparison

The sale resulted in a decrease in SBI Mutual Fund's total shareholding in Sansera Engineering. The fund's holding dropped from 4.2496% to 4.2152% of the company's paid-up share capital.

Regulatory Context

This disclosure was made pursuant to Regulation 29(2) of SEBI regulations, which requires disclosure when there is a change in shareholding. The current disclosure represents a decrease of 2% from SBI Mutual Fund's previous disclosure made under Regulation 29(1) on October 17, 2024, when the reported holding was 6.2483% of Sansera Engineering's paid-up share capital.

Company Share Capital Structure

Sansera Engineering's equity share capital remains unchanged at Rs. 12,46,64,096, consisting of 6,23,32,048 equity shares with a face value of Rs. 2 each. The company's shares are listed on both BSE Limited and the National Stock Exchange of India Limited.

The disclosure was signed by Vinaya Datar, Chief Compliance Officer, Company Secretary & Head Legal of SBI Funds Management Limited, and submitted to the company on April 06, 2026.

Sansera Engineering Limited has formally disclosed to stock exchanges that it does not qualify as a Large Corporate under SEBI's fund raising framework for debt securities. The company submitted this disclosure on April 07, 2026, clarifying its regulatory status regarding recent SEBI guidelines.

Regulatory Framework and Classification Criteria

The disclosure references SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, which establishes the framework for fund raising by issuance of debt securities by Large Corporate Entities. Under this framework, companies must meet specific criteria to be classified as Large Corporates, including minimum borrowing thresholds and credit rating requirements.

Company's Financial Position

Sansera Engineering's current financial metrics demonstrate why it falls outside the Large Corporate classification:

Despite maintaining a strong AA credit rating from both ICRA and India Ratings as on March 31, 2026, the company's total outstanding long-term borrowings of ₹316.27 crore fall significantly below the ₹1,000 crore threshold required under point 3.2 (b) of the SEBI circular.

Compliance and Disclosure Requirements

The company has fulfilled its disclosure obligations by submitting the required documentation to both BSE and NSE. The disclosure includes Annexure A as specified in the SEBI circular, providing detailed information about the company's borrowing position and credit ratings. Rajesh Kumar Modi, Company Secretary and Compliance Officer, and Vikas Goel, Chief Financial Officer, have jointly signed the disclosure document.

Implications for Fund Raising Activities

Since Sansera Engineering does not meet the Large Corporate criteria, the specific framework and requirements outlined in SEBI's October 19, 2023 circular regarding debt securities fund raising do not apply to the company. This exemption provides the company with different regulatory pathways for future fund raising activities, should they be required.

The company has designated BSE as the stock exchange where any applicable fines would be paid in case of future shortfalls under the framework, though such provisions currently do not apply given its non-Large Corporate status.