ICICI Prudential MF cuts TN Newsprint stake below 5%

Fii Holding DeclinedOwnership Changes View source PDF Explain this filing

TNPL · 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

-3.8%Reaction day

₹161.56

prior close

₹161.99

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-3.7% vs market

Paper & Paper Products peers, median of 38sector-1.1%-2.7% vs sector

On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250 and 2.7 pts less than its Paper & Paper Products 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

-1.8

10m

-2.0

15m

-1.9

30m

-2.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.8-0.2-3.7-1.1-2.7

Next day

-4.9-0.3-4.5-0.5-4.3

-4.7-0.2-4.4-0.3-4.4

-5.7-3.5-2.2-1.5-4.2

-6.3-3.6-2.7-0.3-6.1

-10.3-2.8-7.4-0.5-9.7

-10.2-1.4-8.8+0.0-10.2

15d

-8.9-3.0-5.8-2.1-6.8

-12.7-4.4-8.3-5.5-7.2

—————

UpDownMarket · Nifty Microcap 250Sector · Paper & Paper Products peers, median of 38Pending

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

AI summary

ICICI Prudential MF sold 4,46,629 shares of Tamilnadu Newsprint and Paper on September 07, 2026 via open market. Total sale since March 2025 filing: 18,01,237 shares (2.60%). Holding dropped from 5.04% (34,86,328 shares) to 2.43% (16,85,091 shares), a fall of over 2%. The fund clarified this is from investment perspective, not for control.

Likely market impact

Sharp drop in institutional holding may weigh on stock price and sentiment.