Board of ICICI Bank approves acquisition of additional stake in ICICI Pru AMC

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Last Updated : Jun 27 2025 | 7:08 PM IST

At meeting held on 27 June 2025

The Board of ICICI Bank at its meeting held on 27 June 2025 has approved purchase of up to 2.0% additional shareholding in its subsidiary, ICICI Prudential Asset Management Company. This purchase will primarily be towards maintaining the Bank's majority shareholding in the event of grant of stock-based compensation by the Company. The above will be subject to receipt of requisite approvals.

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First Published: Jun 27 2025 | 12:12 PM IST

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