The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICICI Prudential Mutual Fund
SONACOMS · price
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ICICI Prudential Mutual Fund has disclosed a net acquisition of 12,529,303 equity shares (2.015% of paid-up capital) of Sona BLW Precision Forgings Ltd over the period from July 2, 2025 to August 13, 2025, bought through the secondary market (open market purchases). This has raised the fund's total holding from 5.045% (3,13,66,049 shares) to 7.060% (4,38,95,352 shares), an increase of more than 2% from its last disclosure on July 3, 2025. The acquisition is purely from an investment perspective and not aimed at gaining control, and the fund confirmed it does not belong to the promoter or promoter group. The disclosure is filed under SEBI Regulation 29(2), which mandates reporting whenever any entity's holding changes by 2% or more.
This signals continued institutional confidence in Sona BLW Precision Forgings, with a major mutual fund house steadily building its stake. The increase from ~5% to ~7% indicates active accumulation, which is generally seen as a positive sign for the stock, though the holding still remains below the 10% disclosure threshold.