VGUARDBSEV-Guard Industries LtdMediumNeutral
Announced Fri, 24 Oct · 09:49 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

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

VGUARD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ICICI Prudential Mutual Fund, through its various schemes, acquired 53,077 equity shares of V-Guard Industries Ltd on October 20, 2025 via secondary market (open market) purchases. This net acquisition took the fund's total holding from 2,17,90,526 shares (4.998%) to 2,18,43,603 shares (5.010%) of the company's paid-up capital. As a result, the fund crossed the 5% disclosure threshold under SEBI's Takeover Regulations and filed the required disclosure under Regulation 29(1). The acquirer clarified the holding is purely from an investment perspective and not aimed at gaining any controlling interest in V-Guard Industries.

Likely market impact

This is a routine regulatory disclosure triggered by a marginal increase in institutional (mutual fund) shareholding. The fund now holds just above the 5% mark, meaning any further buying will require additional disclosures. The small purchase size (0.012% increase) suggests no significant stock price impact, but signals continued institutional interest in V-Guard Industries.