ICICI Prudential Mutual Fund purchased 1,00,011 shares of Travel Food Services for ₹12.06 Cr at ₹1206.30 apiece, increasing its stake from 4.93% to 5.01% and crossing the 5% disclosure threshold.
A quick-service restaurant operator providing food and beverage services across travel hubs in India and internationally. Travel Food Services operates branded QSR outlets and airport lounges, catering to travelers and transit passengers with consistent dining experiences. The company combines food service expertise with travel sector specialization, differentiating itself through strategic presence in high-traffic transportation corridors and multi-location operational capabilities.
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.
