ICICI MF increases its holding in Deccan Chronicle

Televisionpoint.com Team
Prudential ICICI Asset Management Company has said that Prudential ICICI Mutual Fund has increased its shareholding in Deccan Chronicle Holdings Limited by 2.43% after it acquired 10,00,000 shares under its certain schemes on August 29, 2005.

The mode of acquisition is secondary market. The total shareholding of Prudential ICICI Mutual Fund after the said acquisition is 33,17,555 shares aggregating to 8.05% of the total paid up capital of Deccan Chronicle Holdings.

The shareholding of Prudential ICICI Mutual Fund under its different schemes as on August 29, 2005 is as under : 1) Prudential ICICI Balanced Fund 25,000 shares (0.061%); 2) Prudential ICICI Dynamic Plan holds 1,010,799 shares(2.452%); 3) Prudential ICICI Emerging S.T.A.R. (Stocks targeted at returns) Fund holds 623,698 shares (1.513%); 4) Prudential ICICI Income Multiplier Fund holds 19,609 shares (0.048%); 5) Prudential ICICI Monthly Income Plan holds 39,200 shares (0.095%); 6) Prudential ICICI Power holds 1,203,746 shares (2.920%) and Prudential ICICI Technology Fund holds 395,503 shares (0.959%), the company informed the stock exchange.