ICICI Lombard General Insurance Company Limited — JV/Acquisition, 06-11-2024: Acquisition

ICICI Lombard General Insurance Company has disclosed information regarding its acquisition activities, specifically involving ITC Limited and Axis Bank Limited. Both acquisitions involve cash consideration, with the total investment for ITC at ₹2.31 billion and for Axis Bank at ₹3.00 billion. The acquisitions are made in the ordinary course of business and do not constitute related party transactions. Detailed acquisition information can be accessed on their official website.