ICICI Prudential Mutual Fund raises stake to 5.24% in Container Corporation of India
New Delhi, July 2 -- ICICI Prudential Mutual Fund has increased its stake in Container Corporation of India Ltd (CONCOR) after acquiring 44,06,207 equity shares through open market transactions on 30 June 2026, according to the exchange filing.
Following the acquisition, the fund house's shareholding in the state-owned logistics company rose to 5.24%, or 3,99,43,013 equity shares, from 4.66%, or 3,55,36,806 shares, crossing the 5% ownership threshold that requires disclosure under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The filing stated that the acquisition was made for investment purposes, and further strengthens ICICI Prudential Mutual Fund's exposure to India's logistics sector through its inves...
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