The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICICI Prudential Mutual Fund
ALKEM · price
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ICICI Prudential Mutual Fund has disclosed a reduction of more than 2% in its holding in Alkem Laboratories Ltd under SEBI's SAST Regulation 29(2). The fund sold 25,08,982 shares (2.10% of paid-up capital) in the secondary market between June 5, 2025 and January 14, 2026. Its stake fell from 62,39,470 shares (5.22%) to 37,30,488 shares (3.12%). The fund clarified this is purely investment-driven with no intent to seek control. The disclosure was filed on January 16, 2026.
A notable trimming by a large institutional investor like ICICI Prudential Mutual Fund may be viewed negatively by retail investors in the short term, though it does not signal any fundamental change. The fund's holding has now come down well below the 5% disclosure threshold.