ICICI Bank ups ICICI AMC stake to 53% after PCHL deal
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Moneycontrol10-12-2025, 07:48

ICICI Bank ups ICICI AMC stake to 53% after PCHL deal

  • ICICI Bank increased its stake in ICICI Prudential Asset Management Company (ICICI AMC) to 53.0%.
  • The bank acquired an additional 2% fully diluted pre-IPO share capital from Prudential Corporation Holdings Limited (PCHL).
  • The transaction was completed on December 9, 2025, following a share purchase agreement on December 8, 2025.
  • This disclosure was made under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Why It Matters: ICICI Bank's increased stake gives it majority control over ICICI AMC.

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