The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICICI Prudential Mutual Fund
CUMMINSIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ICICI Prudential Mutual Fund has disclosed acquisition of 2,30,816 shares (0.08%) of Cummins India Ltd through the secondary market on April 24, 2025. This purchase has taken the fund's total holding from 4.94% (1,36,79,991 shares) to 5.02% (1,39,10,807 shares), thereby crossing the 5% disclosure threshold under SEBI takeover regulations. The acquisition was made purely from an investment perspective and not with the intent to seek any controlling interest. The acquirer confirmed it does not belong to the promoter or promoter group of the company.
This is a routine regulatory disclosure triggered because the mutual fund's holdings crossed the 5% mark. While it signals continued institutional interest in Cummins India, it carries no direct implication for controlling interest or promoter-related stock movement.