ICICI Prudential Mutual Fund Reduces Stake in Gateway Distriparks Ltd
ICICI Prudential Mutual Fund has reduced its ownership stake in Gateway Distriparks Ltd. following a series of net sales conducted between February 2022 and July 2026. The fund, which manages various schemes and investment strategies, reported a significant decrease in its shareholding as part of its portfolio management.The most recent transaction occurred on July 15, 2026, involving a net sale of 1,31,927 shares. This specific transaction contributed to the fund's holding decreasing by more than 2% of the paid-up capital of Gateway Distriparks Ltd. compared to the previous disclosure made on February 16, 2022.
According to the data provided, the fund has sold a total of 1,00,68,963 shares since the last reporting period in February 2022. The disposal was executed via the open market and is categorized as an investment-oriented move rather than an attempt to secure a controlling interest in the company.
Transaction Summary and Shareholding Data
The following table outlines the change in shareholding for ICICI Prudential Mutual Fund in Gateway Distriparks Ltd.| Particulars | Before Sale (as of Feb 12, 2022) | Net Sale Amount | After Sale (Current Status) |
|---|---|---|---|
| Number of Shares | 4,16,88,832 | 1,00,68,963 | 3,16,19,869 |
| % of Total Voting Capital | 8.3437% | 2.0152% | 6.3285% |
Operational Details
The total equity share capital and voting capital of Gateway Distriparks Ltd. remains unchanged following these transactions, standing at 4,99,64,38,360 shares with a face value of 10/- each. The disposal of shares took place during the period spanning from February 14, 2022, to July 15, 2026.GATEWAY Stock Price Movement
As of 10:55 AM, shares of Gateway Distriparks Limited are slipping by 1.34% in live trading, currently at ₹58.1. The stock is moving with a total volume of 184,783 shares as the price finds support near its intraday low of ₹58.01.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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