Amagi Media Labs Limited
ICICI Prudential Mutual Fund cut its stake in Amagi Media Labs from 1.68% to 1.53%, selling 2,46,845 shares. At the current share price of ₹563.40, the transaction is valued at approximately ₹13.91 crore.
A cloud-based media technology company, Amagi Media Labs provides broadcast and connected TV solutions to content distributors and broadcasters across the globe. The company operates a software-as-a-service platform that enables video delivery, advertising, monetization, and content management across linear television and streaming channels. Founded in 2008, it serves media companies seeking to modernize their distribution infrastructure and reach audiences efficiently.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.