PI Industries Limited
ICICI Prudential Mutual Fund increased its stake in PI Industries from 5.12% to 7.16% by purchasing 30,90,753 shares for ₹1107.76 Cr at ₹3584.10 apiece on May 20, 2026. This transaction crossed the 5% disclosure threshold.
A leading agrochemical manufacturer producing pesticides and crop protection solutions for domestic and international markets. The company operates state-of-the-art manufacturing facilities in Gujarat, equipped with integrated process development teams and in-house engineering capabilities that enable efficient product development and innovation. This vertical integration distinguishes it in the agro-chemicals sector, allowing the company to maintain quality standards and respond effectively to evolving market demands across its diversified portfolio of crop protection products and solutions.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.