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27.06.25 - 12:12
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ICICI stake watch: ICICI Bank moves to retain majority in AMC, ADR rules set for tweak (Times of India)
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ICICI Bank plans to increase its stake in ICICI Prudential AMC by up to 2% to maintain majority control amidst potential equity dilution from stock-based compensation. The bank's board has approved the purchase, pending regulatory approvals. Additionally, the board approved granting voting rights to American Depository Shares holders, subject to RBI approval and compliance with banking regulations....
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11.06.25 - 07:48
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Prudential India Asset Manager Said to Near IPO Filing (Bloomberg)
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Prudential Plc's Indian asset-management venture is close to filing preliminary documents with the local regulator for a proposed initial public offering that may fetch as much as 100 billion rupees ($1.2 billion), according to people familiar with the matter....
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