Laxmi Dental Limited
ICICI Prudential Mutual Fund decreased its stake in Laxmi Dental Limited from 4.99% to 4.68%, selling 170,793 shares. ICICI Prudential Mutual Fund purchased 8.62 lakh equity shares on the NSE and 7.38 lakh shares on the BSE, representing a combined 2.91% stake in Laxmi Dental for ₹48.51 crore at ₹303 apiece on September 15, 2025.
An integrated dental products manufacturer offering a comprehensive portfolio of dental equipment, instruments, and supplies to dental professionals and institutions across India. Laxmi Dental serves the domestic market through direct distribution channels and partnerships with dental practitioners, clinics, and hospitals. The company manufactures a diverse range of products spanning diagnostic, restorative, and surgical categories, positioning itself as a vertically integrated one-stop solution provider within the Indian dental sector.
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.