ICICI Prudential Mutual Fund has reported a net sale of 1,55,98,130 shares of IndusInd Bank Ltd. The transactions occurred between March 28, 2025, and November 09, 2026. This sale represents a decrease in the fund’s shareholding by more than 2% of the company’s paid-up capital compared to its previous disclosure. The holding is purely for investment purposes, without intent to seek controlling interest.
ICICI Prudential Fund Divests IndusInd Bank Stake
ICICI Prudential Mutual Fund, through its various schemes and investment strategies, has concluded a net sale of 8,17,721 shares of IndusInd Bank Ltd. on November 09, 2026. This transaction has resulted in a reduction of the fund’s shareholding by over 2% of the company’s paid-up capital, relative to the disclosure made on March 28, 2025, when its holding stood at 5.01%.
Cumulative Share Sales
Furthermore, the fund has conducted a significant net sale of 1,55,98,130 shares of IndusInd Bank Ltd. from the period starting March 28, 2025 (reflecting positions as of March 27, 2025) up to November 09, 2026. The disclosures confirm that the overall period for these net disposals spanned from March 28, 2025, to November 09, 2026.
Holding Perspective
The fund management clarifies that these shareholdings and subsequent sales are driven by an investment perspective, with no objective to acquire a controlling interest in IndusInd Bank Ltd.
Source: BSE
