ICICI Prudential Life Sells Landmark Cars Shares, Stake Drops to 2.89%

ICICI Prudential Life Insurance Company Limited has disclosed a reduction in its shareholding in Landmark Cars Limited. The sale of shares has brought down their cumulative stake to 2.8889% from the previous 5.002%, as reported on March 5, 2024. This disclosure is made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The transaction involved the sale of 1,02,111 shares through open market/inter-se transfer, resulting in a decrease of 0.2463% in their shareholding. The total number of shares held by ICICI Prudential Life Insurance Company Limited in Landmark Cars Limited is now 11,97,889.