ICICI Prudential Life Insurance increased its stake in Ethos Limited from 1.39% to 1.51%, raising its total holding to 404,285 shares. The approximate value of the added shares is ₹8.59 crore, calculated at Ethos's share price of ₹2578.80.
India's largest luxury and premium watch retail player, Ethos Limited operates an extensive network of branded stores across major cities nationwide. The company specializes in distributing and retailing high-end timepieces from leading international and domestic brands, offering customers access to prestigious collections. Ethos distinguishes itself through personalized customer service, expert knowledge, and a dominant presence in the premium watch retail segment.
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.
