Management change

SBI Funds Management: Change in Director(s) of the company

SBI Funds Management (SBIFUNDS) filed a disclosure titled "Change in Director(s) of the company". The company is valued at about ₹1.07 lakh crore.

BCEIE News Desk · Published 28 Sept 2026, 10:32 pm IST · Filing received 28 Sept 2026, 10:15 pm IST

What happened

SBI Funds Management (SBIFUNDS) filed a disclosure with the exchanges on 28 September 2026 at 10:15 PM titled "Change in Director(s) of the company".

SBI Funds Management is a large-cap company, with a market value of about ₹1.07 lakh crore.

The stock last traded at ₹522.9, against a 52-week range of ₹521.1–₹625 (16.3% below the high).

Before this filing the shares had moved −5.6% over the month. Average daily turnover over the last 20 sessions was about ₹60.47 crore.

Promoters held 88.19% at the end of Q2 FY27. Foreign institutions owned 1.43% and domestic institutions 2.97%.

BCEIE's records show 7 previous management change filings from the company since May 2026.

After those filings, the stock fell 2.4% on average the next trading day and was down 2.8% on average after five days (7 filings with price data).

Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
Date	Filing	Next day	5 days
22 Sept 2026	Change in Auditors of the company.	−1.5%	—
31 Aug 2026	'disclosure under regulation 30(5) of SEBI Listing Regulations'.	−2.2%	−3.8%
31 Aug 2026	Management change	−2.2%	−3.8%
20 Aug 2026	Change in Management	−2.5%	+1.5%
5 Aug 2026	Appointment of Mr. Manish Mehta as Senior Management Personnel of…	−0.4%	−1.8%

Recent coverage elsewhere (links open the original publisher):

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.