ICICI Prudential Mutual Fund’s schemes have collectively exceeded 5% ownership in Tata Chemicals following the acquisition of 146,782 shares on October 29, 2025. The fund now holds 1,27,53,028 shares, representing 5.01% of the company’s equity. The investment is for portfolio diversification and doesn’t aim to control the company.
ICICI Prudential MF Increases Stake
ICICI Prudential Mutual Fund (the Fund), managing diverse schemes, has increased its equity stake in Tata Chemicals Ltd. Following a recent acquisition, the fund’s total shareholding now exceeds 5% of the company’s paid-up capital.
Details of Share Acquisition
On October 29, 2025, the schemes under ICICI Prudential Mutual Fund acquired 146,782 shares of Tata Chemicals. This purchase resulted in the fund’s total holding reaching 1,27,53,028 shares, representing 5.01% of the company’s equity as of the reporting date. This includes shares with voting rights.
Investment Perspective
The acquisition is part of an investment strategy and not intended to gain a controlling interest in Tata Chemicals. The fund’s increased holding reflects a portfolio investment decision.
Source: BSE
