The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for DSP Trustee Pvt Ltd
PRUDENT · price
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Awaiting price reaction for this filing.
DSP Trustee Pvt Ltd, on behalf of three DSP Mutual Fund schemes (DSP Aggressive Hybrid Fund, DSP Banking & Financial Services Fund, and DSP Focused Fund), bought 71,658 shares of Prudent Corporate Advisory Services on January 21, 2026 via open market. This pushed the combined DSP holding from 4.98% to 5.15% of the company's paid-up capital, crossing the 5% disclosure threshold under SEBI Takeover Regulations. The disclosure was filed on January 23, 2026, and DSP confirmed it is not part of the promoter group. The total paid-up share capital of Prudent Corporate remains at 4,14,06,680 equity shares.
This is a routine regulatory disclosure triggered by a mutual fund crossing the 5% ownership mark. It signals continued institutional investor interest in Prudent Corporate, but is unlikely to cause major share price movement given the small size of the incremental buy (0.17% of capital).