ICICI Prudential Mutual Fund has increased its stake in R R Kabel Ltd., surpassing the 5% threshold. The fund acquired 2,53,463 additional shares on October 6, 2025. This investment is for investment purposes and does not aim to gain controlling interest, according to the filing. This move reflects confidence in R R Kabel’s growth potential.
ICICI Prudential MF Increases Holding
ICICI Prudential Mutual Fund has increased its holding in R R Kabel Ltd. by acquiring 2,53,463 equity shares on October 6, 2025. The fund now holds more than 5% of the company’s paid-up capital.
Investment Details
Before the acquisition, ICICI Prudential Mutual Fund held 56,24,344 shares, representing 4.974% of the total shares. Following the acquisition of the additional 2,53,463 shares, the total holding has increased to 58,77,807 shares, representing 5.198% of the total.
Investment Perspective
The acquisition is stated to be from an investment perspective and not with the objective of seeking any controlling interest.
Share Capital
The equity share capital/total voting capital of R R Kabel before and after the said acquisition remains at ₹56,54,31,165, comprising of 11,30,86,233 shares of face value ₹5/- each.
Source: BSE
