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ICICI Bank to acquire additional 2% stake in ICICI Prudential Asset Management Company

27 Jun 2025 Evaluate

ICICI Bank has received approval for acquisition of additional shareholding of up to 2.0% 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 Board of Directors of the bank in their meeting held on June 27, 2025, has approved the same. 

ICICI Bank is a leading private sector bank in India.

Peers
Company Name CMP
HDFC Bank 740.00
ICICI Bank 1343.50
Axis Bank 1250.00
Kotak Mahindra Bank 415.00
Indusind Bank 958.00
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