ICICI Bank Ltd.

BSE: 532174 | NSE: ICICIBANK
Large Cap | Bank - Private
1356.90
3.95 (0.29%)
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ICICI Bank to acquire additional 2% stake in ICICI Prudential Asset Management Company

Date: 27-06-2025

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.