ICICI Prudential Life Insurance increased its stake in India Shelter Finance Corporation from 1.30% to 1.37%, adding 73,315 shares.
A housing finance company incorporated in 1998, India Shelter Finance Corporation Limited provides financial solutions for residential property purchases and construction across India. The company focuses on lending to underserved segments of the housing market, particularly targeting affordable and mid-income housing segments. Its distinctive approach combines accessible financing with deep understanding of regional housing demand patterns and customer needs in tier-two and tier-three cities.
Joint venture between ICICI Bank and Prudential plc. Total AUM in excess of Rs 3.2 lakh crore deployed across linked, participating and non-participating funds. CIO Manish Kumar has run the equity book for over a decade, with style biased to quality large and mid-caps. Active across primary and secondary markets through ULIP and group fund mandates.
