TATACHEMBSETata Chemicals LtdMediumNeutral
Announced Fri, 31 Oct · 11:04 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ICICI Prudential Mutual Fund

Ownership Changes View source PDF

TATACHEM · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ICICI Prudential Mutual Fund, through its various schemes, acquired 1,46,782 equity shares (0.06%) of Tata Chemicals Ltd on October 29, 2025, via the secondary market. This purchase raised the Fund's total holding from 1,26,06,246 shares (4.95%) to 1,27,53,028 shares (5.01%) of the company's paid-up capital, crossing the 5% disclosure threshold. The Fund clarified the investment is from a portfolio perspective and not aimed at gaining control of the company. This disclosure was filed under Regulation 29(1) of SEBI's Takeover Regulations, 2011.

Likely market impact

This is a routine disclosure triggered by a large mutual fund crossing the 5% ownership mark. It does not imply any change in control or promoter-related activity. The marginal 0.06% increase is unlikely to materially affect the stock price, though it reflects continued institutional interest in Tata Chemicals.