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ICICI Prudential AMC to acquire ICICI Securities' PMS business via slump sale. This move aims to broaden its portfolio management services. The AUM under PMS was ₹2910 crore as of March 31, 2026.
ICICI Prudential AMC received an administrative warning from SEBI regarding a procedural delay in verifying investor eligibility for an AIF scheme. The company refunded the amount with compensation. Management states there is no material financial or operational impact expected.