L&T Finance Limited
ICICI Prudential Life Insurance, which previously held 1.01 percent of L&T Finance Limited, has dropped from the company's disclosed shareholder list, indicating either a complete exit or a reduction in its stake below the 1 percent reporting requirement.
A non-banking financial company providing a comprehensive range of financial products and services to retail and corporate customers across India. L&T Finance offers lending solutions, investment products, and financial advisory services tailored to various customer segments and requirements. The company has applied for registration as a systemically important core investment company, positioning itself as a significant player in India's growing non-banking financial sector.
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.