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ICICI Bank executes agreement to acquire up to 2% additional shareholding in ICICI AMC

09 Dec 2025 Evaluate

ICICI Bank has executed the share purchase agreement (SPA) with Prudential Corporation Holdings (PCHL) for purchase of additional shareholding of up to 2% in ICICI Prudential Asset Management Company (ICICI AMC). The bank will purchase additional shares from Prudential Corporation Holdings.

This purchase is primarily towards maintaining the Bank’s majority shareholding in the event of grant of stock-based compensation by ICICI AMC.

ICICI Bank is a large private sector bank in India offering a diversified portfolio of financial products and services to retail, SME and corporate customers.

Peers
Company Name CMP
HDFC Bank 787.00
ICICI Bank 1569.00
Axis Bank 1320.00
Kotak Mahindra Bank 480.00
Indusind Bank 910.00
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