ICICI Prudential Life Insurance raised its stake in Senco Gold from 2.14% to 3.25%, increasing its holdings by 1,814,979 shares to a total of 5,317,766 shares. This increase occurred through a Qualified Institutional Placement (QIP) where ICICI Prudential Life Insurance was a major investor.
A pan-India jewelry retailer that operates as the largest organized jewelry retail player in Eastern India by store count. Senco Gold specializes in gold, diamond, and precious stone jewelry, serving customers across multiple regions through its extensive retail network. The company combines traditional jewelry craftsmanship with modern retail operations and customer service to deliver quality jewelry products to diverse customer segments throughout India.
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.