The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICICI Prudential Mutual Fund
ETHOSLTD · price
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ICICI Prudential Mutual Fund, under its various schemes, acquired a net of 15,295 shares of Ethos Ltd on May 07, 2025 through the secondary market. This is part of a larger net acquisition of 5,54,721 shares since the last disclosure on December 09, 2022. As a result, ICICI Prudential MF's holding increased from 5.03% (11,73,608 shares) to 7.06% (17,28,329 shares) of the paid-up capital. The fund clarified the acquisition is purely from an investment perspective and not aimed at gaining control. Ethos Ltd's paid-up capital increased during this period to 2,44,80,443 shares.
Continued buying by a major mutual fund house signals institutional confidence in Ethos Ltd. The 2% change triggered this regulatory disclosure, but the rise from 5% to 7% suggests steady accumulation, which may be viewed positively by retail investors looking at institutional interest.