India, Oct. 1 -- SBI Mutual Fund, under its various schemes, acquired an additional 1.18 Cr equity shares of Swiggy via open market transactions on Tuesday, the foodtech major informed the bourses earlier today.

Following the purchase, its total shareholding in Swiggy rose to 14.16 Cr equity shares or around 5.1% of Swiggy's total equity.

Assuming the trades were executed at that day's closing price of Rs.253.90, the mutual fund giant would have spent over Rs.300.6 Cr to pick up the additional stake.

The transaction raised SBI Mutual Fund's aggregate holding across its various schemes past the mandatory 5% disclosure threshold under SEBI rules.

It previously held a 4.7% stake, with 7.11 Cr shares or 2.58% held by its holding entity SB...