ICICI Prudential AMC Promoter Sells 2% Stake for Public Float

ICICI Prudential Asset Management Company Ltd announced that its promoter, Prudential Corporation Holdings Limited, intends to sell up to 2.00% of the company's total equity shares, amounting to 9,885,169 shares. This divestment is planned to be completed by August 27, 2026, through open market sales. The purpose of this sale is to comply with the minimum public shareholding requirements applicable to the company. Following the sale, the promoter's aggregate shareholding will reduce from 87.60% to 85.60%. The company assures compliance with SEBI regulations, and connected persons of Prudential plc will not participate in the sale.