NAUKRIBSEInfo Edge (India) LtdHighPositive
Announced Wed, 25 Feb · 13:00 IST

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

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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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 Mutual Fund, across its various schemes, bought 10,77,948 shares of Info Edge (India) Ltd on February 23, 2026 through open market purchases. This net acquisition took its total holding from 3,23,56,095 shares (4.99%) to 3,34,34,043 shares (5.16%) of the company's paid-up capital. The disclosure was filed under Regulation 29(1) of SEBI's Takeover Regulations because the fund's stake crossed the 5% threshold. The fund clarified it is not part of the promoter group and holds the shares purely from an investment perspective, not for any controlling interest.

Likely market impact

A large institutional investor crossing the 5% mark signals continued confidence from domestic mutual funds in Info Edge, though it may trigger incremental disclosure requirements for further acquisitions between 5% and 75% under creeping acquisition rules. Minor positive sentiment for the stock given institutional accumulation.