SBI MF, BlackRock Acquire Belrise Stake; Amansa Sells Restaurant Brands Asia Shares

• SBI MF and BlackRock acquired over 6.5% equity stake in Belrise Industries for nearly Rs 897 crore via open market transactions.
• SBI MF bought 5.8% (Rs 788.3 crore) and BlackRock 0.79% (Rs 108.37 crore) in Belrise, whose shares rallied 6.2%.
• Promoter entity Sumedh Tools offloaded its entire 6.5% stake in Belrise Industries for Rs 896.7 crore.
• Amansa Investments sold a 2.4% stake in Restaurant Brands Asia for Rs 91.37 crore, yet its shares rose 2.3%.
• Other transactions include Pico Capital acquiring units in Capital Infra Trust and Living Media buying shares in TV Today Network.

Why It Matters: Major open market transactions by institutional investors and promoters reshaped stakes in several companies.