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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ICICI Prudential Mutual Fund has filed a disclosure under Regulation 29(1) of SEBI's Takeover Regulations for its holding in LIC Housing Finance Ltd. The disclosure indicates that the mutual fund's equity stake in LIC Housing Finance has changed materially, with holdings reportedly moving to around 6.95% of the company's share capital post the reported transaction (approximately 2.75 crore shares from a prior level near 2.47 crore shares). The filing is a routine regulatory disclosure triggered by the change in shareholding crossing the reporting threshold under the takeover code.
This is a routine SAST disclosure by an institutional investor and not a promoter action; it does not directly affect stock price or control of LIC Housing Finance, but retail investors should note the increased institutional holding by a large domestic mutual fund.