Brigade Hotel Ventures Limited
SBI Mutual Fund decreased its stake in Brigade Hotel Ventures from 5.52% to 5.39%, selling 5,26,278 shares for ₹3.37 Cr at ₹64.01 apiece.
A hotel owner and developer operating across key cities in India, with primary focus on South India. Brigade Hotel Ventures Limited develops and manages hospitality properties in strategic urban locations, catering to both business and leisure travelers. The company owns and operates hotels designed to serve diverse guest segments across major metropolitan areas in the region, establishing itself as a notable player in India's hospitality real estate and hotel management sector.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.