ICICI Prudential MF crosses 5% in Travel Food Services after open-market buy
ICICI Prudential Mutual Fund lifted its stake in airport F&B operator Travel Food Services to 5.017% via a 1,00,011-share open-market purchase, taking total holding to 66,06,276 shares. Stock rose 1.58% intraday to ₹1,204.45, against a 52-week range of ₹1,009–₹1,443.
What happened
ICICI Prudential Mutual Fund raised its stake in airport-retail F&B operator Travel Food Services above 5% via open-market purchase of 1,00,011 shares, lifting
Key facts
- 1,00,011 shares
- 0.076% stake
- 5.017% total stake
- 66,06,276 shares
- ₹1,204.45 intraday high
- 52-week high ₹1,443
- 52-week low ₹1,009
Why this matters
A disclosed 5%+ anchor holder reshapes our register dynamics and gives us a credible reference shareholder to cite in future capital raises, JV talks, or strategic concession financing.