ICICI Prudential Asset Management Company Limited (ICICIAMC) — Board Meeting | 10 August 2026(2 announcements)
The board approved acquiring ICICI Securities' portfolio management services business via slump sale, including assets and liabilities, to expand the company's PMS offerings. The transaction is a related party deal at arms' length, subject to regulatory approvals, with cash consideration set at 1.20% of transferred AUM. The target's AUM stands at $29.10 billion as of March 31, 2026, and the acquisition is expected to close within a year.
The board approved acquiring ICICI Securities' portfolio management services business via slump sale, including assets and liabilities, to expand PMS offerings. The transaction is a related party deal at arms' length, subject to regulatory approvals, with cash consideration set at 1.20% of transferred AUM. The PMS business, managing $29.10 billion in AUM as of March 2026, generated ₹20.88 crores revenue in FY2026 and serves high-net-worth clients with customized strategies.
About ICICI Prudential Asset Management Company Limited (ICICIAMC)
Financial Services · Finance · Listed on NSE
📡 Get AI alerts when ICICIAMC files next
Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions
Track ICICIAMC — Free💡 Ask AI about this filing
📊 More ICICIAMC filings
- 🔴 Announcement — 17 September 2026 ICICI Prudential Asset Management announced its schedule for an upcoming analyst and institutional i...
- 🔴 Announcement — 10 September 2026 ICICI Prudential Asset Management announced its schedule for upcoming analyst and institutional inve...
- 🔴 Announcement — 9 September 2026 ICICI Prudential Asset Management informed exchanges that RBI approved its application to acquire up...
- Announcement — 28 August 2026 ICICI Prudential Asset Management announced that promoter Prudential Corporation Holdings sold 9.89 ...
- Announcement — 26 August 2026 ICICI Prudential Asset Management announced that promoter Prudential Corporation Holdings will sell ...
🔥 Also filed on 10 August 2026
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
📡 Get AI alerts when ICICIAMC files new disclosures
Track ICICIAMC filings, board meetings, and corporate actions. Free email alerts at 5 PM.
Track ICICIAMC — FreeFree account · 2 AI queries/day
© 2026 StockFin.ai — AI-powered Indian stock research
About · Privacy Policy · Terms of Service · Pricing
Today's Announcements · Screener · Insights · AI Chat
Data provided by CMOTS Internet Technologies Pvt Ltd