StockWatch
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Consumer Electronics
Shareholding6 Aug 2026, 02:49 pm

ICICI Prudential MF Sells 2.13% Stake in Orient Electric

AI Summary

ICICI Prudential Mutual Fund has disclosed the sale of 45,34,624 shares, representing a net disposal of 2.13% of the paid-up capital in Orient Electric Ltd. This transaction occurred between July 31, 2023, and August 4, 2026. Following the sale, the fund's holding in Orient Electric has reduced to 4.16% (89,23,180 shares). The shares were sold through the open market. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • ICICI Prudential MF sold 45,34,624 shares of Orient Electric.
  • The sale represents a 2.13% decrease in shareholding.
  • The fund's remaining stake in Orient Electric is 4.16%.
  • The transaction occurred between July 31, 2023, and August 4, 2026.
  • The sale was conducted via the open market.