ICICI Prudential Mutual Fund’s schemes have collectively increased their stake in Indiamart Intermesh Ltd., surpassing the 5% threshold of the company’s paid-up capital. This acquisition involved 1,96,463 shares on December 02, 2025. The fund clarified that the investment is purely from an investment perspective, without seeking controlling interest. As of now, the fund holds 31,94,022 shares, constituting 5.32% of the total voting capital.
Increased Shareholding
ICICI Prudential Mutual Fund, operating through its various schemes, has increased its equity shareholding in Indiamart Intermesh Ltd. As of December 02, 2025, the schemes acquired 1,96,463 shares, leading to a total holding that exceeds 5% of the company’s paid-up capital.
Details of Acquisition
Before this acquisition, the fund held 29,97,559 shares, representing 4.99% of the total shares. Post-acquisition, the fund now holds a total of 31,94,022 shares, which is equivalent to 5.32% of the voting capital. This includes the additional acquisition of 1,96,463 shares, representing 0.33% of the total shares. The transaction was executed through a secondary market purchase.
Investment Perspective
The fund clarified that its investment in Indiamart Intermesh Ltd. is purely from an investment perspective and does not aim to gain controlling interest in the company.
Source: BSE