Prudential Corp To Sell 98.85 Lakh ICICI Prudential AMC Shares, Promoter Holding To Fall To 85.60%

Mumbai: Prudential Corporation Holdings Limitedplans to sell up to 98,85,169 shares, representing 2 percent of ICICI Prudential Asset Management Company’s paid-up equity capital, through the open market on August 27, 2026.

Open-market divestment

ICICI Prudential AMC disclosed the promoter’s proposed divestment in a regulatory filing to BSE and the National Stock Exchange on Wednesday.

The shares have a face value of ₹1 each. The sale may be completed in one or multiple tranches during the trading session, depending on market conditions.

The transaction is intended