ICICI Prudential Mutual Fund decreased its stake in Oberoi Realty from 4.67% to 4.08%, selling 21,33,771 shares for ₹410.87 Cr.
A Mumbai-headquartered real estate developer, Oberoi Realty specializes in residential, commercial office, retail, hospitality, and social infrastructure projects across India. The company operates within the Oberoi Realty Group and develops integrated urban spaces that combine multiple property verticals in strategic locations. It focuses on creating mixed-use complexes that serve residential, commercial, and retail needs simultaneously.
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.
