The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICICI Prudential Mutual Fund
LICHSGFIN · price
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Awaiting price reaction for this filing.
ICICI Prudential Mutual Fund, acting through its various schemes, acquired 12,95,540 equity shares (0.24%) of LIC Housing Finance Ltd on December 2, 2025, through the secondary market. As a result, the Fund's aggregate holding in LIC Housing Finance rose from 2,74,11,303 shares (4.98%) to 2,87,06,843 shares (5.22%), crossing the 5% disclosure threshold under SEBI's Takeover Regulations. The Fund clarified that the acquisition is purely from an investment perspective and not aimed at gaining any controlling interest in the company.
A well-known mutual fund crossing the 5% mark signals institutional confidence in the stock, which is mildly positive. However, the increase is small (0.24%) and the Fund has explicitly stated no controlling interest is sought, so this is unlikely to materially impact share price or trigger any open offer.