StockWatch
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Auto Components & Equipments
Shareholding19 Sept 2026, 03:02 pm

ICICI Prudential MF Crosses 5% Stake in CIE Automotive India

AI Summary

ICICI Prudential Mutual Fund, through its various schemes, has acquired 63,542 equity shares of CIE Automotive India Ltd. on September 17, 2026. This acquisition has resulted in the Fund's total shareholding exceeding 5% of the company's paid-up capital, reaching 5.013%. The acquisition was made from an investment perspective, not to seek controlling interest. The total holding before the acquisition was 4.996%, amounting to 1,89,54,271 shares. The shares were purchased through the open market.

Key Highlights

  • ICICI Prudential MF acquired 63,542 shares of CIE Automotive India.
  • Fund's stake now exceeds 5%, reaching 5.013%.
  • Acquisition made for investment purposes, not control.
  • Transaction occurred on September 17, 2026, via open market.
  • Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.