ICICI Prudential MF Raises Shadowfax Stake To 8.56% After Buying 89 Lakh Shares

ICICI Prudential Mutual Fund has increased its stake in listed logistics company Shadowfax Technologies to 8.56% after acquiring a net 89.44 Lakh shares through an open market transaction on July 24 (Friday). Based on Shadowfax’s closing share price of ₹214.35 on July 24, the latest acquisition was valued at about ₹192 Cr. According to an exchange filing, the mutual fund cumulatively acquired 2.03 Cr shares in Shadowfax since its previous disclosure on February 18, taking its holding to 5 Cr sha