Shareholding8 Sept 2026, 05:52 pm
ICICI Prudential MF Sells 2.6% Stake in TN Newsprint
AI Summary
ICICI Prudential Mutual Fund has disclosed the sale of 18,01,237 shares of Tamil Nadu Newsprint & Papers Ltd. (TNPL) on September 7, 2026. This transaction resulted in a decrease of over 2% in the fund's shareholding, bringing its total stake down from 5.04% to 2.43%. The sale was conducted through the open market. The total equity share capital of TNPL remains at ₹69,21,06,000, comprising 6,92,10,600 shares of ₹10 each. The fund stated that its holdings are for investment purposes and not to seek controlling interest.
Key Highlights
- ICICI Prudential MF sold 18,01,237 shares of TNPL.
- Shareholding decreased by over 2%, now at 2.43%.
- Sale conducted via open market transactions.
- Transaction occurred on September 7, 2026.
- Fund's holdings are for investment, not control.
Price Impact
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