ICICI Prudential Mutual Fund (the Fund), across its various schemes, has increased its holding in Brainbees Solutions Ltd. The acquisition of 2,00,210 shares on February 16, 2026, resulted in the Fund’s total shareholding crossing the 5% mark of the company’s paid-up capital. This transaction was executed via the Secondary Market and is based purely on investment objectives, without seeking any controlling interest.
Acquisition Details by ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund (the Fund) has announced an increase in its equity shareholding in the target company, Brainbees Solutions Ltd. The acquisition was finalized on February 16, 2026, via the Secondary Market.
A total of 2,00,210 shares carrying voting rights were acquired. This purchase raised the Fund’s aggregate holding, which now stands at 2,62,47,897 shares, representing 5.028% of the total diluted share capital of Brainbees Solutions Ltd.
Shareholding Position Before and After Transaction
The disclosure clearly outlines the change in ownership:
- Before Acquisition: The Fund held 2,60,47,687 shares, constituting 4.990% of the voting capital.
- Shares Acquired: 2,00,210 shares (0.038% stake).
- After Acquisition: The total holding reached 2,62,47,897 shares, representing 5.028% of the voting capital.
Capital Structure Confirmation
The total equity share capital of the Target Company (TC) remains unchanged post-acquisition:
- Equity Share Capital (Before/After): ₹ 1,04,40,83,968, comprising 52,20,41,984 shares of face value ₹2/- each.
- The Fund confirmed that the holding is strictly for investment perspective and is not aimed at seeking any controlling interest in Brainbees Solutions Ltd.
This formal disclosure, dated February 17, 2026, complies with the requirements under Regulation 29(1) of the relevant Substantial Acquisition of Shares and Takeovers Regulations.
Source: BSE
