SENSEX
NIFTY
GOLD
USD/INR

Weather

image 33    C

Business News

The Economic Times

Business / The Economic Times

details

ICICI Prudential AMC shares decline 5% 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.

27 Aug 2026 9:03 am