New Delhi, July 28 -- ICICI Prudential Mutual Fund has increased its stake in Indian Energy Exchange Ltd (IEX), crossing the critical 5 percent regulatory threshold. As per a regulatory filing dated July 25, 2025, the fund acquired 51.43 lakh shares in a secondary market transaction on July 24, raising its holding from 4.64 percent to 5.22 percent. The total number of shares held by the fund now stands at 4.65 crore, up from 4.13 crore earlier.

This move triggered mandatory disclosure under Regulation 29(1) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The mutual fund clarified that the investment was made purely from a financial perspective and without any intent to acquire control in the company.

Despite...