Shoppers Stop Limited
ICICI Prudential Life Insurance reduced its stake in Shoppers Stop Limited from 2.52% to 2.50%, selling 27,816 shares.
India's leading fashion and beauty retailer, Shoppers Stop operates a network of stores across major cities offering a carefully curated portfolio of domestic and international brands. The company specializes in premium fashion, accessories, and beauty products, serving customers through both physical retail locations and digital channels. Established in 1991, it has built a distinctive presence in India's organized retail segment through its diverse brand offerings and multi-channel approach.
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.