Travel Food Services Share Price Gains Over 5% as ICICI Prudential Mutual Fund Acquires 1,00,011 Shares, Exceeding 5% Stake

ICICI Prudential Mutual Fund has increased its stake in Travel Food Services Ltd by acquiring 1,00,011 shares.  

This acquisition has resulted in the fund's shareholding exceeding 5% of the company's paid-up capital. 

Details of the Acquisition 

On June 8, 2026, ICICI Prudential Mutual Fund acquired 1,00,011 shares of Travel Food Services Ltd. This acquisition was executed through various schemes and investment strategies of the fund.  

As a result, the fund's total shareholding in the company now stands at 66,06,276 shares, representing 5.017% of the total voting capital. 

The acquisition was carried out in the open market, and the fund has clarified that the holding is purely from an investment perspective, without any intention of seeking controlling interest in the company. 

Regulatory Compliance 

In compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ICICI Prudential Mutual Fund has disclosed the details of this acquisition.  

The fund has confirmed that it does not belong to the promoter or promoter group of Travel Food Services Ltd. 

Read More: ICICI Bank Overtakes Reliance Industries in Nifty 50 Weightage on Higher Free-Float Market Capitalisation! 

Impact on Shareholding Structure 

Before this acquisition, ICICI Prudential Mutual Fund held 65,06,265 shares, accounting for 4.941% of the total voting capital.  

The additional purchase of 1,00,011 shares has increased its stake to 5.017%, crossing the 5% threshold that necessitates regulatory disclosure. 

Equity Share Capital Details 

Prior to the acquisition, the equity share capital of Travel Food Services Ltd comprised 13,16,79,484 shares with a face value of ₹1 each.  

Following the acquisition, the total diluted share capital is 13,17,50,896 shares, maintaining the same face value. 

Travel Food Services Share Price Performance 

As of June 10, 2026, at 3:15 PM, Travel Food Services share price on NSE was trading at ₹1,243.20 up by 4.98% from the previous closing price. 

Conclusion 

ICICI Prudential Mutual Fund's acquisition of additional shares in Travel Food Services Ltd has resulted in its shareholding surpassing 5% of the company's total voting capital. This move aligns with regulatory requirements and reflects the fund's investment strategy. 

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