ICICI Pru MF raises stake in Shadowfax to 8.56%

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

SHADOWFAX · price

Loading chart…

▲ 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

-1.0%Reaction day

₹210.00

prior close

₹206.99

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+0.3% vs market

Logistics Solution Provider peers, median of 42sector-1.1%+0.1% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.1 pts more than its Logistics Solution Provider 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

+0.3

10m

+0.4

15m

+0.3

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0-1.3+0.3-1.1+0.1

Next day

+3.3-0.8+4.2-0.6+3.9

+4.9-1.4+6.3-1.0+5.9

+15.6-0.3+15.9-0.9+16.5

+14.3+1.0+13.3-0.0+14.3

+18.5+1.5+17.1-0.2+18.8

+14.4+3.1+11.2+0.0+14.4

15d

+22.5+4.1+18.4-1.3+23.8

+17.0+4.8+12.2-0.2+17.2

+30.7+3.1+27.5-2.8+33.5

+38.8-3.6+42.4-7.3+46.1

UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 42Pending

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

AI summary

ICICI Prudential Mutual Fund bought 2.03 crore shares of Shadowfax Technologies in the open market between Feb 18 and Jul 24, 2026, raising its stake from 5.15% to 8.56% of paid-up capital. This crosses the 2% disclosure threshold under SEBI takeover rules. The fund stated the purchase is purely investment-driven with no intent to seek control.

Likely market impact

Institutional investor confidence rising; stake approaching 10% trigger for further disclosure