ICICI Bank acquires 2% stake in ICICI AMC from Prudential Corporation for ₹2,140 crore.

Key facts

• ICICI Bank executed a share purchase agreement with Prudential Corporation Holdings Ltd to purchase an additional 2% shareholding in ICICI Prudential Asset Management Company Ltd.
• The purchase price is fixed at ₹2,140 crore for the 2% stake.
• Reserve Bank of India accorded approval for the bank to purchase up to 2% additional shareholding through its letter dated September 12, 2025.
• ICICI AMC had total assets of ₹4,827 crore as of September 30, 2025.
• ICICI AMC reported turnover of ₹2,949 crore and profit after tax of ₹1,618 crore for H1FY26.
• ICICI Bank currently holds 51.0% and Prudential Corporation Holdings Ltd holds 49.0% in ICICI AMC.