The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICICI Prudential Mutual Fund
SHARDAMOTR · price
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ICICI Prudential Mutual Fund, through its various schemes, acquired 1,50,000 shares (0.26%) of Sharda Motor Industries Ltd on January 13, 2026 via open market (secondary market) purchase. This lifted the fund's total holding to 30,11,799 shares, or 5.25% of paid-up capital, crossing the 5% disclosure threshold from the earlier 4.99%. The company has 5,74,07,706 equity shares of face value ₹2 each outstanding. The fund stated the acquisition is purely from an investment perspective and not aimed at seeking any control, and the acquirer is not part of the promoter/promoter group.
This is a routine regulatory disclosure triggered by an institutional investor crossing the 5% SAST threshold; it signals continued institutional buying interest but is not a control-oriented move and is unlikely to materially affect the stock price.