DSP Mutual Fund has increased its stake in Prudent Corporate Advisory Services Limited to 5.15% as of January 21, 2026. The acquisition involved 71,658 shares by several schemes of DSPMF, including DSP Aggressive Hybrid Fund and DSP Banking & Financial Services Fund. This stake increase triggers reporting requirements under SEBI’s Substantial Acquisition of Shares and Takeovers Regulations.
DSPMF Acquires Additional Shares
Schemes managed by DSP Mutual Fund (DSPMF), including DSP Aggressive Hybrid Fund, DSP Banking & Financial Services Fund, and DSP Focused Fund, have collectively acquired 71,658 shares of Prudent Corporate Advisory Services Limited on January 21, 2026.
Shareholding Exceeds Threshold
Due to the recent acquisition, the total shareholding of DSPMF schemes in Prudent Corporate Advisory Services Limited has increased to 5.15% of the company’s paid-up capital. This exceeds the 5% threshold requiring disclosure under SEBI regulations.
Details of Shareholding
Before the acquisition, DSPMF held 2,062,635 shares, representing 4.98% of the total share/voting capital. Following the acquisition of 71,658 shares, the total holding increased to 2,134,293 shares, now representing 5.15% of the company’s capital.
Source: BSE
