ICICI Prudential Mutual Fund, through its various schemes, has acquired 1,69,99,999 equity shares of Dr. Agarwal’s Health Care Limited. This transaction, which occurred on August 12, 2026, has pushed the Fund’s total shareholding in the company to over 5% of its paid-up capital. The acquisition is stated to be from an investment perspective, not for controlling interest.
ICICI Prudential Mutual Fund Increases Stake
ICICI Prudential Mutual Fund (the Fund), via its investment strategies and schemes, has announced an increase in its holdings of equity shares in Dr. Agarwal’s Health Care Limited. The Fund acquired 1,69,99,999 shares on August 12, 2026. This acquisition has resulted in the Fund’s shareholding now exceeding 5% of the company’s paid-up capital.
Investment Rationale
The holding by the Fund’s schemes is explicitly for investment purposes, with no intent to gain controlling interest in Dr. Agarwal’s Health Care Limited. The disclosure of this acquisition, as required by Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, has been provided.
Source: BSE