ICRANSEICRA Limited· FinanceMediumNeutral
Announced Mon, 7 Jul · 19:55 IST

ICRA Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011'.

Fii Holding DeclinedCreeping Acquisition Near ThresholdOwnership Changes View source PDF

ICRA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ICRA Limited has disclosed changes in shareholding by two non-promoter institutional investors. Nippon India Mutual Fund bought 1,94,906 shares (2.02%) through open market purchases, raising its stake from 3.14% to 5.16%, crossing the 5% disclosure threshold. Pari Washington India Master Fund and Pari Washington Investment Fund together sold 1,97,658 shares (2.05%) through open market on July 3, 2025, reducing their combined holding from 8.34% to 6.29%. The trades appear to be open market transactions that may reflect a partial shift in ownership between mutual fund and foreign institutional investors.

Likely market impact

This is a routine substantial shareholder disclosure, not a corporate action. Shareholders should note a meaningful rotation in institutional ownership — a domestic mutual fund building a position above 5% while a foreign fund trims its stake. Short-term stock price impact is typically limited as these are open market trades.