ICICI Prudential buys additional stake in Redington India

ICICI Prudential Life Insurance Co has acquired 0.25 per cent stake (10 lakh shares) of Redington India through the open market on July 15. After the stake buy, ICICI Prudential’s holding in Redington increased to 7.369 per cent or 2.95 crore shares from 7.119 per cent.

Redington is one amongst the top supply chain solution providers worldwide to over 100 leading manufacturers of Information Technology, Telecom, Lifestyle and Consumer Electronics Products.