Indraprastha Gas Ltd T. Rowe Price Reduces Stake to 2.97%

T. Rowe Price Associates, Inc. has reduced its shareholding in Indraprastha Gas Ltd through open market sales. The investment firm divested 9,973,151 shares, representing a 0.712% stake in the company. Following this transaction, T. Rowe Price Associates now holds a total of 41,591,849 shares, which constitutes 2.971% of the total equity capital of Indraprastha Gas Ltd. The sale was executed on April 29, 2026.

Transaction Details

T. Rowe Price Associates, Inc. and its affiliates have completed a significant divestment of shares in Indraprastha Gas Ltd. On April 29, 2026, the firm sold 9,973,151 equity shares via open market transactions. This move reduces their total ownership from an initial 3.683% stake to 2.971%.

Updated Shareholding Position

Prior to the sale, T. Rowe Price Associates held 51,565,000 shares of the company. Post-divestment, the holding stands at 41,591,849 shares. The total equity share capital of Indraprastha Gas Ltd remains unchanged at 1,400,001,600 shares. This disclosure reflects the firm’s portfolio adjustment activity as of the final days of April 2026.

Source: BSE

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