Nippon India Mutual Fund Acquires Shares of ICRA LIMITED
Nippon India Mutual Fund, acting through Nippon Life India Trustee Limited A/c, has purchased shares of ICRA LIMITED. The acquisition details were reported concerning a substantial acquisition of shares and falls under the purview of regulations pertaining to takeovers.The purchase transactions occurred over a period from July 08, 2025, to April 07, 2026.
Acquisition Details Summary
The acquisition was conducted through the Open Market. The core details regarding the target company, the acquirer, and the acquisition are presented below.| Metric | Detail |
|---|---|
| Target Company (TC) | ICRA LIMITED |
| Acquirer | Nippon India Mutual Fund (through Nippon Life India Trustee Limited A/c) |
| Acquirer Relation to Promoter | No |
| Listing Exchanges | National Stock Exchange of India Ltd, BSE Limited |
Holding Details Before and After Acquisition
The report provides detailed figures regarding the holding of the acquirer, along with Persons Acting in Concerts (PACs).Before Acquisition Holdings
| Category | Shares Carrying Voting Rights | Shares in Nature of Encumbrance | Total Voting Capital Percentage |
|---|---|---|---|
| Holding (Shares) | 6,64,324 | N/A | 6.8833 |
| Total (a+b+c+d) | 6,64,324 | N/A | 6.8833 |
Acquisition Metrics
The acquisition involved a purchase of shares carrying voting rights.| Metric | Value (Shares) | Value (% w.r.t. total diluted share/voting capital) |
|---|---|---|
| Shares Carrying Voting Rights Acquired | 1,44,959 | 1.5020 |
| Total Acquisition | 1,44,959 | 1.5020 |
After Acquisition Holdings
Following the purchase, the holding of the acquirer with PACs increased.| Category | Shares Carrying Voting Rights | Shares in Nature of Encumbrance | Total Voting Capital Percentage |
|---|---|---|---|
| Holding (Shares) | 8,09,283 | N/A | 8.3853 |
| Total (a+b+c+d) | 8,09,283 | N/A | 8.3853 |
Capital Structure Information
The equity share capital and total voting capital of ICRA LIMITED remained stable according to the reported figures:- Equity share capital / total voting capital of the TC before the said acquisition: Rs. 9,65,12,310/- (96,51,231 shares at the face value of Rs.10 per share)
- Total diluted share/voting capital of the TC after the said acquisition: Rs. 9,65,12,310/- (96,51,231 shares at the face value of Rs. 10 per share)
Stock Price Movement
ICRA Ltd shares are ticking up as of 9:46 AM, currently trading at ₹5321.50, marking a 0.31% advance for the day. Throughout the session, the stock has fluctuated within a range, hitting lows at ₹5321.50 and touching highs near ₹5342.05.Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.