Shareholding6 Jul 2026, 06:40 pm
ICICI Bank Sells 2.01% Stake in Jaiprakash Power Ventures
AI Summary
ICICI Bank Limited has disclosed the sale of 13,80,00,000 equity shares, representing approximately 2.01% of the issued and paid-up equity share capital, in Jaiprakash Power Ventures Ltd. The sale occurred in multiple tranches, with the last transaction on July 03, 2026. Prior to the sale, ICICI Bank held 6.42% of the company's shares. Following the disposal, ICICI Bank's holding has reduced to 4.40%. The shares were sold via the open market.
Key Highlights
- ICICI Bank sold 2.01% stake in Jaiprakash Power Ventures.
- Total shares sold amount to 13.8 crore equity shares.
- Seller's pre-sale holding was 6.42%, post-sale holding is 4.40%.
- The transaction was conducted through open market sales.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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