ICICI Prudential Life Insurance bought 19,075 shares of ICICI Prudential Asset Management Company Limited for ₹5.35 Cr at ₹2805.46 apiece in a market purchase on March 30, 2026.
An asset management company incorporated in 1993, it provides investment solutions across mutual funds, portfolio management services, alternative investment funds, and offshore advisory services to retail and institutional clients. The firm manages portfolios across multiple asset classes and investment strategies. It is promoted by ICICI Bank and Prudential Corporation Holdings, combining domestic banking expertise with international investment management capabilities and experience.
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.
