ICICI Prudential MF cuts V-Guard stake from 7.04% to 4.93%
VGUARD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 1.3 pts more than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
ICICI Prudential Mutual Fund sold 91.83 lakh shares (2.11% of paid-up capital) of V-Guard Industries via open market between January 20 and August 17, 2026. Its stake fell from 7.04% to 4.93%. The fund stated this is purely from an investment perspective and not for control. Disclosure filed under SEBI Takeover Regulations as holding crossed the 2% change threshold.
A large institutional investor trimming its position could weigh on sentiment, though the sale was gradual over 7 months. Watch for further exits.