Shareholding1 Jun 2026, 06:12 pm
RateGain: ICICI Prudential MF Sells 2.08% Stake
AI Summary
ICICI Prudential Mutual Fund sold 2,443,309 shares of RateGain Travel Technologies Ltd between February 20, 2025, and May 29, 2026, reducing its shareholding by 2.08%. This net sale decreased the fund's holding from 5.06% to 2.98% of the company's paid-up capital. The sales were conducted through open market transactions, and the fund clarified that these investments are from an investment perspective without seeking controlling interest.
Key Highlights
- ICICI Prudential Mutual Fund sold 2,443,309 shares of RateGain.
- The sale reduced ICICI Prudential's stake by 2.08%.
- Post-sale, ICICI Prudential Mutual Fund holds 2.98% of RateGain.
- The transactions occurred between February 20, 2025 and May 29, 2026.
- Sales were executed via open market transactions.
Price Impact
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