New Delhi, May 6 -- ICICI Prudential Fund informed exchanges that it has raised its stake in the general insurance company, Star Health and Allied Insurance, also part of Rekha Jhunjhunwala's portfolio, to past 5% mark.
The mutual fund house in a filing on May 5 said that the schemes of ICICI Prudential Mutual Fund acquired 13,85,269 shares of the company via the secondary market, taking its holding past 5% in the insurance company.
"ICICI Prudential Mutual Fund (the Fund) under its various schemes holds equity shares of Star Health and Allied Insurance Company Ltd. (the Company) whose shares are listed on your Stock Exchange. In this regard, kindly note that the schemes of the Fund have done acquisition of 13,85,269 shares of the compa...
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