ICICI Bank to acquire additional 2% stake in 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
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.
