StockWatch
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LPG/CNG/PNG/LNG Supplier
Shareholding2 May 2026, 03:00 pm

Indraprastha Gas: T. Rowe Price Reduces Stake to 2.97%

AI Summary

T. Rowe Price Associates, Inc. and its affiliates disclosed a change in their shareholding of Indraprastha Gas Ltd. (IGL) under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Through open market sales, their holding decreased from 3.683% to 2.971% of the total share/voting capital. The transaction occurred on April 29, 2026, with the disclosure made on April 30, 2026. The equity share capital of IGL remains at 1,400,001,600 shares before and after the sale.

Key Highlights

  • T. Rowe Price's stake in Indraprastha Gas decreased to 2.971%.
  • 9,973,151 shares were sold via open market.
  • The transaction was executed on April 29, 2026.
  • Equity share capital of Indraprastha Gas remains unchanged at 1,400,001,600 shares.