ICICI Prudential Mutual Fund Crosses 5% Shareholding Threshold in Triveni Turbine Ltd
ICICI Prudential Mutual Fund has crossed the 5% shareholding threshold in Triveni Turbine Ltd after acquiring 1,21,323 shares on February 19, 2026. The fund's total holding increased from 4.98% to 5.02%, now comprising 1,59,65,989 shares. The acquisition was made through open market purchases purely from an investment perspective, with no intention of seeking controlling interest.
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ICICI Prudential Mutual Fund has disclosed crossing the 5% shareholding threshold in Triveni Turbines Ltd, triggering mandatory disclosure requirements under SEBI's substantial acquisition regulations. The mutual fund acquired 1,21,323 shares of the engineering company on February 19, 2026, through open market purchases.
Shareholding Details
The net acquisition has increased ICICI Prudential Mutual Fund's total holding in Triveni Turbine Ltd from 4.98% to 5.02% of the company's paid-up capital. The fund, including iSIF under its various schemes and investment strategies, now holds 1,59,65,989 shares carrying voting rights.
| Parameter | Before Acquisition | After Acquisition | Net Change |
|---|---|---|---|
| Shares Held | 1,58,44,666 | 1,59,65,989 | 1,21,323 |
| Percentage Holding | 4.98% | 5.02% | 0.04% |
Company Capital Structure
Triveni Turbine Ltd's equity share capital remains unchanged at ₹31,78,86,270, comprising 31,78,86,270 shares with a face value of ₹1 each. The total diluted share capital stands at ₹31,80,01,648, consisting of 31,80,01,648 shares of face value ₹1 each.
Investment Perspective
ICICI Prudential Asset Management Company Limited has clarified that the shareholding by its schemes and investment strategies is purely from an investment perspective. The fund has explicitly stated that the acquisition is not aimed at seeking any controlling interest in the company.
Regulatory Compliance
The disclosure has been made in compliance with Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The fund has filed the necessary documentation with BSE Limited, where Triveni Turbine Ltd's shares are listed, along with the National Stock Exchange of India Limited.
Market Transaction Details
| Transaction Details | Information |
|---|---|
| Acquisition Date | February 19, 2026 |
| Mode of Purchase | Open market |
| Shares Acquired | 1,21,323 |
| Acquirer Category | Non-promoter |
The acquisition represents a standard institutional investment move, with the mutual fund maintaining its position as a financial investor rather than seeking operational control of the turbine manufacturing company.
Historical Stock Returns for Triveni Turbines
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.62% | +0.27% | +1.89% | -6.73% | -12.87% | +346.65% |
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