Shareholding22 May 2026, 09:58 am
ICICI Prudential MF Hikes Stake in PI Industries Above 7%
AI Summary
ICICI Prudential Mutual Fund increased its shareholding in PI Industries Ltd. by acquiring 30,90,753 shares between October 1, 2025, and May 20, 2026. This acquisition raised the fund's total holding to 1,08,58,536 shares, representing 7.157% of the company's equity. The fund clarified that these acquisitions are for investment purposes and not aimed at gaining control of PI Industries.
Key Highlights
- ICICI Prudential MF acquired 30,90,753 shares of PI Industries.
- The fund's holding in PI Industries increased to 7.157%.
- Acquisition period: October 1, 2025 to May 20, 2026.
- The fund holds 1,08,58,536 shares after the acquisition.
- The acquisition is for investment purposes, not control.
Price Impact
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