SBI Mutual Fund has acquired a substantial stake in Belrise Industries Limited, purchasing over 5.12 crore shares through market transactions. The acquisition, completed on December 23, 2025, represents a significant investment by one of India's leading mutual fund houses in the auto ancillaries sector company.

Acquisition Details

The mutual fund acquired 5,12,92,092 shares of Belrise Industries through market purchase on December 23, 2025. This acquisition resulted in SBI Mutual Fund crossing the 5% threshold of the company's paid-up share capital, triggering mandatory disclosure requirements under SEBI regulations.

Shareholding Position

Prior to this acquisition, SBI Mutual Fund held no shares in Belrise Industries Limited. The purchase represents the fund house's initial investment in the company across its various schemes.

Company Share Capital Structure

Belrise Industries Limited has a total paid-up share capital of ₹4,44,93,95,960, consisting of 8,98,79,192 equity shares with a face value of ₹5 each. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited.

Regulatory Compliance

The acquisition disclosure was made in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. SBI Funds Management Limited, through Chief Compliance Officer and Company Secretary Vinaya Datar, formally notified Belrise Industries about the acquisition on December 24, 2025. The disclosure was simultaneously submitted to both stock exchanges where the company's shares are listed.

SBI Mutual Fund confirmed that the acquired shares are equity shares with standard voting rights, and no encumbrances, warrants, or convertible securities were involved in this transaction. The fund house operates through various schemes under SBI Mutual Fund, which is managed by SBI Funds Management Limited, a joint venture between SBI and Amundi.

Belrise Industries has completed a significant stake sale by its promoter group entity through regulatory disclosure under SEBI takeover regulations. Sumedh Tools Private Limited, belonging to the promoter group, divested its entire shareholding of 5,83,43,040 equity shares representing 6.56% of the company's paid-up equity share capital through a block deal transaction on December 23, 2025.

Transaction Overview

The stake sale was executed through the National Stock Exchange block deal mechanism, resulting in a complete exit by Sumedh Tools Private Limited from its shareholding in the company. The transaction represents a strategic move by the promoter group as part of their stake rationalization strategy.

Shareholding Pattern Changes

The disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 shows the complete transformation of Sumedh Tools Private Limited's stake in the company.

Regulatory Compliance Framework

The transaction has been disclosed in compliance with SEBI takeover regulations, with detailed filings submitted to both BSE Limited and National Stock Exchange of India Limited. The company's equity share capital remains unchanged at ₹444,93,95,960 before and after the transaction, indicating no dilution of existing shareholders' stakes.

Corporate Structure Impact

The sale represents a complete divestment by Sumedh Tools Private Limited, with the entity reducing its stake from 6.56% to zero. The transaction was authorized by Vijay Kasture, Director and Authorized Signatory of the selling entity, and executed from Pune. The disclosure emphasizes that this transaction is part of the promoter group's strategic stake rationalization without affecting the company's operational control or management structure.

Exchange Communication

Belrise Industries has formally communicated the transaction details to stock exchanges, with the company maintaining its listing on BSE (Scrip Code: 544405) and NSE (Scrip Code: BELRISE). The disclosure documentation has been prepared in the prescribed format under takeover regulations, ensuring complete transparency for market participants and regulatory authorities.