← Back to headlines
Prudential Sells Additional Stake in ICICI Prudential AMC
UK-based Prudential plc has completed the sale of a further 2 percent stake in its Indian joint venture, ICICI Prudential Asset Management Company. The block transaction contributed to a notable decline in the company's share price over recent trading sessions.
27 Aug, 03:33 — 27 Aug, 04:04
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (34/100)3 sources25/33
Spectrum spread— 1/5 buckets covered0/33
Far L
Left
Center3
Center (3)
investing-commoneycontroleconomic-times
Right
Far R
Geographic diversity— 2 regions9/34
India2US1
Sources
Showing 2 of 3 sources
economic-times7h ago
ICICI Prudential AMC shares decline 7% in two days 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.
Read full article →moneycontrol7h ago
ICICI Pru AMC shares fall 5% as Prudential sells 2% stake in block deal; down 7% in two days - Moneycontrol.com
ICICI Pru AMC shares fall 5% as Prudential sells 2% stake in block deal; down 7% in two days Moneycontrol.com
Read full article →Coverage Timeline
First report: economic-times · 27 Aug, 03:33|Full coverage: 3 · 6h|Window: 6h
Left-leaningCenterRight-leaning
