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5 days agoICICI Bank reinforces control strategy across listed entities and upcoming AMC IPO
Ownership stability took centre stage as ICICI Bank confirmed it will retain more than 51 percent stake in all three of its listed entities, including the upcoming ICICI Prudential Asset Management Company IPO. Executive Director Sandeep Batra said the bank will raise its stake in the AMC to 53 percent before the public issue to ensure continued subsidiary status.
neutral
5 days agoICICI Bank reinforces control strategy across listed entities and upcoming AMC IPO
Ownership stability took centre stage as ICICI Bank confirmed it will retain more than 51 percent stake in all three of its listed entities, including the upcoming ICICI Prudential Asset Management Company IPO. Executive Director Sandeep Batra said the bank will raise its stake in the AMC to 53 percent before the public issue to ensure continued subsidiary status.
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ICICI Bank will raise its stake in ICICI Prudential AMC to 53 percent before the IPO to retain majority control across all its listed entities.
Ownership stability took centre stage as ICICI Bank confirmed it will retain more than 51 percent stake in all three of its listed entities, including the upcoming ICICI Prudential Asset Management Company IPO. Executive Director Sandeep Batra said the bank will raise its stake in the AMC to 53 percent before the public issue to ensure continued subsidiary status.
Ownership stability took centre stage as ICICI Bank confirmed it will retain more than 51 percent stake in all three of its listed entities, including the upcoming ICICI Prudential Asset Management Company IPO. Executive Director Sandeep Batra said the bank will raise its stake in the AMC to 53 percent before the public issue to ensure continued subsidiary status.
Dec 10, 2025 • 07:25