ICICI Prudential Mutual Fund has informed BSE Limited about a net sale of 10,02,875 shares of Kalpataru Projects International Ltd. (formerly Kalpataru Power Transmission Ltd.) on June 16, 2026. This sale resulted in a decrease of over 2% in the Fund’s shareholding compared to the previous disclosure on December 10, 2021. The total net sale from December 10, 2021, to June 16, 2026, amounts to 14,98,354 shares. These transactions are from an investment perspective, not for controlling interest.
Shareholding Disclosure by ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund, through its various schemes and investment strategies, has announced a net sale of equity shares in Kalpataru Projects International Ltd. (formerly known as Kalpataru Power Transmission Ltd.). The disclosure pertains to transactions conducted on June 16, 2026, as required under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Details of Share Sale
On June 16, 2026, the Fund carried out a net sale of 10,02,875 shares of Kalpataru Projects International Ltd. This transaction led to a decrease in the Fund’s shareholding by more than 2% of the company’s paid-up capital, when compared to the disclosure made on December 10, 2021. At that previous disclosure, the Fund held 9.18% of the company’s paid-up capital.
Furthermore, the total net sale of shares by the Fund’s schemes and investment strategies, since the last filing on December 10, 2021 (for positions held as of December 09, 2021), amounts to 14,98,354 shares.
Investment Perspective
The holding and subsequent transactions by the schemes and investment strategies of ICICI Prudential Mutual Fund are conducted purely from an investment perspective. The objective is not to gain any controlling interest in Kalpataru Projects International Ltd. The necessary disclosures as per Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, are enclosed with this communication.
Transaction Summary
Prior to the sale, ICICI Prudential Mutual Fund held 1,36,64,251 shares, representing 9.176% of the total voting capital. Following the net sale of 14,98,354 shares, the Fund’s holding stands at 1,21,65,897 shares, which constitutes 7.124% of the total voting capital.
The total share capital of Kalpataru Projects International Ltd. before the said disposal was ₹29,78,18,416, comprising 14,89,09,208 shares of face value ₹2 each. After the disposal, the equity share capital/total voting capital is ₹34,15,45,092, comprising 17,07,72,546 shares of face value ₹2 each.
The mode of sale was primarily through the Open Market during the period from December 10, 2021, to June 16, 2026.
Source: BSE
