ICICI Prudential Mutual Fund (the Fund), across its various schemes, executed a net acquisition of 10,77,948 shares of Info Edge (India) Ltd. on February 23, 2026. This transaction resulted in the Fund’s aggregate shareholding exceeding the 5% threshold of the company’s paid-up capital. The acquisition was made from an investment perspective, with no intention of seeking a controlling interest, as per the mandatory disclosure filed on February 24, 2026.
Substantial Acquisition Disclosure Filed
ICICI Prudential Asset Management Company Limited, on behalf of the ICICI Prudential Mutual Fund (the Fund), submitted a compulsory disclosure regarding a significant change in its shareholding in Info Edge (India) Ltd. (the Target Company). The disclosure confirms that the holding has crossed the regulatory trigger of 5% of the paid-up capital.
Details of the Transaction
The net acquisition that triggered this filing took place on February 23, 2026. The Fund acquired a net total of 10,77,948 equity shares, representing 0.17% of the total diluted share capital of Info Edge (India) Ltd.
Pre-Acquisition Holding
- Total shares held before acquisition: 3,23,56,095
- Percentage of total capital held: 4.99%
Post-Acquisition Holding
- Total shares held after acquisition: 3,34,34,043
- Percentage of total capital held: 5.16%
Acquisition Methodology and Intent
The mode of purchase for these shares was through the Open market. The filing explicitly states that the holding by the Fund’s schemes is purely from an investment perspective and is not intended to acquire any controlling interest in Info Edge (India) Ltd. The disclosure is furnished as required under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Capital Structure Context
The total equity share capital/total voting capital of Info Edge (India) Ltd. prior to and subsequent to the acquisition remained consistent at ₹1,29,68,41,200, comprising 64,84,20,600 shares of face value ₹2/- each. The date of the disclosure document is February 24, 2026, originating from Mumbai.
Source: BSE
