HNDFDSBSEHindustan Foods LtdHighPositive
Announced Wed, 28 May · 09:46 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICICI Prudential Life Insurance Company Ltd

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

HNDFDS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ICICI Prudential Life Insurance Company Ltd has acquired an additional 100,738 shares (0.0857%) of Hindustan Foods Ltd in the open market on May 27, 2025. This takes its total holding from 5,863,517 shares (4.9901%) to 5,964,255 shares (5.0759%), crossing the 5% disclosure threshold under SEBI's Takeover Regulations. The acquirer is not part of the promoter group, and the total equity share capital of Hindustan Foods stands at 11,75,02,413 shares of ₹2 each. The acquisition was carried out over a period of time, with May 27, 2025 being the date of the last transaction that triggered the disclosure.

Likely market impact

This is a routine disclosure showing a foreign/insurance investor (FII) increasing its stake and crossing the 5% mark. It signals institutional confidence in Hindustan Foods but is a small incremental buy (~0.09%), so the direct stock price impact is likely minimal.