StockWatch
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Civil Construction
Shareholding18 Jun 2026, 09:38 am

ICICI Pru MF Reduces Kalpataru Projects Stake by 2.05% via Open Market Sale

AI Summary

ICICI Prudential Mutual Fund has disclosed a net sale of 14,98,354 equity shares of Kalpataru Projects International Ltd. through open market transactions between December 10, 2021, and June 16, 2026. This sale has reduced the fund's total shareholding in the company from 9.176% (1,36,64,251 shares) to 7.124% (1,21,65,897 shares). The decrease of 2.052% triggered the disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The fund stated its holding is for investment purposes, not for seeking controlling interest.

Key Highlights

  • ICICI Prudential Mutual Fund sold 14.98 lakh shares of Kalpataru Projects.
  • Fund's stake decreased by 2.052% through open market sale.
  • Post-sale, holding stands at 7.124% (1.21 Cr shares).
  • Sale occurred between December 2021 and June 2026.
  • Disclosure triggered by over 2% change in shareholding.