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ICICI Prudential AMC shares decline 5% as promoter plans 2% stake sale
ICICI Prudential AMC promoter Prudential Corporation plans to sell up to 2% stake, worth over Rs 3,185 crore, to meet minimum public shareholding requirements. The sale will reduce promoter holding to 85.6%. Shares of ICICI Prudential AMC have gained over 22% in 2026, while Q1 net profit rose 23% year-on-year to Rs 965 crore.
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economictimes.indiatimes.com
ICICI Prudential AMC shares: Prudential Corporation to divest up to 2% equity, stock up 49% from IPO price
ICICI Prudential AMC promoter Prudential Corporation Holdings plans to sell up to 2% stake through open-market transactions from August 27 to meet minimum public shareholding…
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thehindubusinessline.com
Prudential to sell 2% stake in ICICI Prudential AMC worth about $333 million
