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ICICI Prudential fund exceeds 5% stake in Sona BLW

July 4, 2025 at 04:49 AM UTCBy FilingReader AI

ICICI Prudential Mutual Fund has disclosed an increase in its stake in Sona BLW Precision Forgings, crossing the 5% threshold of the company's paid-up capital. As of July 1, 2025, the fund acquired 355,097 shares, resulting in a total holding exceeding the stated benchmark. The fund clarified that the acquisition is purely for investment purposes and not intended to seek controlling interest in Sona BLW Precision Forgings. Post-acquisition, the fund holds 3,136,660 shares, constituting 5.05% of the company. The shares were acquired through secondary market purchases. The equity share capital of the company before the acquisition was valued at INR62,172,09,750, comprising of 62,172,09,75 shares of face value INR10 each, and after the said acquisition remains the same.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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