ICICI Prudential MF raises SBI Cards stake to 7.30%

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

SBICARD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.5%Reaction day

₹662.05

prior close

₹664.20

announcement price

After-mkt

timing

Nifty Midcap 150market-0.1%-2.4% vs market

Non Banking Financial Company (NBFC) peers, median of 220sector-0.1%-2.5% vs sector

On the reaction day the stock moved 2.4 pts less than Nifty Midcap 150 and 2.5 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.6

15m

-0.8

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.5-0.1-2.4-0.1-2.5

Next day

-3.3-0.1-3.2-0.1-3.2

-2.6+0.0-2.6+0.0-2.6

-4.3-1.2-3.1-0.9-3.3

-3.8-1.8-2.0-1.3-2.5

-0.3-1.3+1.0-1.1+0.8

+1.5-2.0+3.5-0.7+2.2

15d

-3.9-2.7-1.2-1.8-2.2

-10.7-6.2-4.5-2.6-8.2

-20.2-10.7-9.5-6.1-14.1

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UpDownMarket · Nifty Midcap 150Sector · Non Banking Financial Company (NBFC) peers, median of 220Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

ICICI Prudential Mutual Fund acquired 21.6 lakh shares of SBI Cards on August 25, 2026 through open market. Net acquisition of 2.01 crore shares since April 2024 raised its holding from 5.18% to 7.30%. The fund clarified it is not a promoter and holds the shares purely from an investment perspective.

Likely market impact

Major mutual fund increasing stake signals institutional confidence. Holding crosses 5% creeping acquisition limit, now approaching 10% FII disclosure threshold.