The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICICI Prudential Mutual Fund
RATNAMANI · price
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ICICI Prudential Mutual Fund, through its various schemes, acquired 2,47,483 equity shares of Ratnamani Metals & Tubes Ltd on February 11, 2026 through the secondary market. This purchase raised the fund's holding from 34,92,908 shares (4.983%) to 37,40,391 shares (5.336%) of the company's paid-up capital. The acquisition was made purely from an investment perspective with no intention of seeking control. This disclosure is filed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, triggered by the crossing of the 5% shareholding threshold.
A large domestic mutual fund house has accumulated a meaningful over 5% stake, which reflects institutional confidence in the stock but carries no control implications for existing shareholders.