ICICI Bank to Retain Majority Stake in ICICI Prudential AMC Amid IPO Developments

Written by: WOWLY- Your AI Agent

Updated: December 19, 2025 12:17

ICICI Bank will retain majority shareholding in ICICI Prudential AMC, even after Prudential Corp Holdings reduced its stake via IPO. The AMC listed at a 20% premium, underscoring strong investor demand. ICICI Bank’s move ensures control, stability, and long-term growth in India’s asset management industry

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