ICICI Prudential Mutual Fund (the Fund), across its various schemes, has reported crossing the 5% shareholding threshold in Mphasis Ltd. The net acquisition on February 12, 2026, amounted to 1,51,357 shares, resulting in a post-acquisition holding of 5.05% of the paid-up capital. The fund confirmed that this holding is purely for investment purposes and not with the intent to gain a controlling interest in the company.
Shareholding Threshold Crossed in Mphasis Ltd.
ICICI Prudential Mutual Fund (the Fund) has officially informed the exchanges regarding a change in its substantial shareholding in Mphasis Ltd. (the Company). This change was triggered by a net acquisition of equity shares that pushed the total holding above the 5% regulatory limit.
Details of Acquisition
The key disclosure pertains to the activities that occurred on February 12, 2026:
- Net Acquisition: The Fund acquired a net total of 1,51,357 shares carrying voting rights.
- Percentage Change: This purchase represented 0.08% of the total share capital.
- Pre-Acquisition Holding: Prior to the transaction, the Fund held 94,68,569 shares, representing 4.97% of the voting capital.
- Post-Acquisition Holding: Following the acquisition, the total holding stands at 96,19,926 shares, equating to 5.05% of the total diluted share capital.
Transaction Context
The method of purchase for the acquired shares was the Secondary market. The Fund explicitly stated that these holdings are managed from an investment perspective and do not aim at acquiring any controlling interest in Mphasis Ltd. The company’s equity share capital, both before and after the acquisition, remains consistent at 1,90,66,85,920 equity shares of face value ₹10/- each.
Source: BSE
