Prudential to sell 2% stake in ICICI Prudential Asset Management

Prudential plc has announced plans to sell up to 2% of its stake in ICICI Prudential Asset Management Company Limited through an open market sale process. The sale aims to help IPAMC meet India’s minimum public float requirement of 15% within five years of its initial public offering, which took place on December 19, 2025. Following the transaction, Prudential Corporation Holdings Limited will retain a 32.6% stake in IPAMC, with its governance rights remaining unchanged.

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