ICICI Prudential Mutual Fund Acquires Shares in Medplus Health Services Ltd, Exceeding 5% Holding

ICICI Prudential Mutual Fund Acquires Shares in Medplus Health Services Ltd, Exceeding 5% Holding

ICICI Prudential Mutual Fund Acquires Shares in Medplus Health Services Ltd, Exceeding 5% Holding​

ICICI Prudential Mutual Fund has increased its stake in Medplus Health Services Ltd following a purchase of equity shares totaling 1,75,537 shares on July 22, 2026. The acquisition by the fund’s various schemes and investment strategies means that their shareholding in the company now exceeds 5% of the paid-up capital.

The fund holds the shares purely from an investment perspective, with no objective to seek a controlling interest in Medplus Health Services Ltd.

Shareholding Details Post Acquisition​

Prior to the transaction, ICICI Prudential Mutual Fund held 59,18,801 shares, representing 4.927% of the total shares/voting capital (or 4.923% of the diluted share). The fund acquired a net addition of 1,75,537 shares through open market purchases.

After this acquisition, the fund's combined holding stands at 60,94,338 shares, which constitutes 5.073% of the paid-up capital (or 5.069% of the diluted share).

Key details regarding the acquisition and resulting holdings are summarized below:

CategoryBefore Acquisition HoldingNet Acquisition DetailsAfter Acquisition Holding
Shares AcquiredN/A1,75,537 (0.146% w.r.t. total shares)N/A
Total Voting Capital Held59,18,801 shares (4.927%)N/A60,94,338 shares (5.073%)

Financial Structure Snapshot​

The transaction involved the open market purchase of equity shares by ICICI Prudential Mutual Fund. The following table outlines the capital structure of Medplus Health Services Ltd before and after the acquisition:

MetricBefore AcquisitionAfter Acquisition
Equity Share Capital/Total Voting Capital$ 24,02,74,122 (12,01,37,061 shares of face value 72/- each)R 24,02,74,122 (12,01,37,061 shares of face value 72/- each)
Total Diluted Share/Voting Capital$ 24,04,75,502 (12,02,37,751 shares of face value 72/- each)$ 24,04,75,502 (12,02,37,751 shares of face value 72/- each)

MEDPLUS Stock Price Movement​

Shares of Medplus Health Services Limited are edging higher to ₹717.7 as of 10:47 AM today, surging after a gain of ₹2.50 and closing up 0.35%. The equity remains highly active in the market, trading within an intraday range spanning from a low of ₹713 to a high of ₹720.85.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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