Promoter Prudential Corporation Holdings Limited sold 2.00% stake (9,885,169 shares) in the open market to meet public shareholding norms. Promoter holding now stands at 85.60%.
Promoter Prudential Corporation Holdings will sell up to 2.00% of its stake, around 98.85 lakh shares, in ICICI Prudential AMC to meet minimum public shareholding norms. This will reduce its holding from 87.60% to 85.60%.
ICICI Prudential AMC will hold its 33rd Annual General Meeting to approve financial statements and declare dividends. Key agenda items include the appointment of new directors and revised remuneration for existing directors.
ICICI Pru AMC is set to participate in the BofA Securities India Conference and Morgan Stanley India Investment Forum. Management will engage with investors and analysts at these events.
ICICI Prudential AMC has announced its 33rd AGM, where members will consider the final dividend. A record date has been set to determine dividend entitlement.
