StockWatch
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Diversified Commercial Services
Shareholding11 Apr 2026, 11:31 am

ICICI Pru MF cuts CMS Info Systems stake by 2.06% to 3.23%

AI Summary

ICICI Prudential Mutual Fund (including iSIF under its various schemes) has disclosed a significant reduction in its shareholding in CMS Info Systems Ltd. The fund sold a net of 3,378,195 equity shares of the company between September 04, 2025, and April 09, 2026, through open market transactions. This sale decreased their total stake from 5.29% (8,700,858 shares) to 3.23% (5,322,663 shares) of the company's paid-up capital. The reduction of more than 2% triggered the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. ICICI Prudential Mutual Fund clarified that its holding is for investment purposes and not to seek controlling interest.

Key Highlights

  • ICICI Prudential MF sold 3,378,195 shares of CMS Info Systems.
  • Their stake decreased from 5.29% to 3.23% of the company.
  • The net sale reduced holding by over 2% of paid-up capital.
  • Sale occurred between September 2025 and April 2026 via open market.
  • The fund holds shares for investment, not for control.