Redington Limited
ICICI Prudential Life Insurance decreased its stake in Redington Limited from 2.80% to 2.78%, reducing its shareholding by 106,370 shares from 21,861,285 to 21,754,915. The shares are valued at approximately ₹3.88 Cr, based on Redington Limited's share price of ₹365.10.
A leading distributor of IT and mobility products across India, the Middle East, Turkey, and Africa, Redington Limited provides comprehensive supply chain management solutions and support services to technology vendors and enterprises. Established in 1993, the company specializes in connecting manufacturers with retailers and end customers through integrated distribution networks, logistics expertise, and value-added services that enhance operational efficiency across the technology 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.