Arvind Fashions Limited
ICICI Prudential Life Insurance raised its stake in Arvind Fashions from 3.97% to 4.65%, purchasing 9,09,067 shares. Based on the share price of ₹399.85, the transaction is valued at approximately ₹36.35 crore.
A speciality retailer in branded apparels and footwear, Arvind Fashions operates a diverse portfolio of owned and licensed global brands across multiple segments and price points. The company serves Indian consumers through various fashion categories, leveraging both international and domestic brand properties. Its distinctive approach combines curated global brands with local market expertise to capture different customer segments in the Indian retail space.
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.