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ICICI Bank LimitedImportant, 09-05-2025: Updates

09-05-2025 | 03:02 pm

ICICI Prudential AMC is set to absorb ICICI Venture’s private equity, venture capital, and real estate fund management businesses, broadening IPru AMC’s investment offerings to include private equity. ICICI Venture will maintain advisory roles and manage leftover funds. The acquisition cost is expected to be immaterial. This move enhances IPru AMC’s product suite, leveraging ICICI Bank’s majority ownership in both entities. Completion is subject to approvals and formalities.

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