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Prudential Mulls Listing ICICI Pru AMC

by Celia

Prudential has announced that it is exploring the possibility of listing ICICI Prudential Asset Management Company Limited (ICICI Pru AMC) through a partial share divestment.

The decision is contingent upon market conditions, regulatory approvals, and other relevant factors, according to the company’s statement.

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Should the listing proceed, Prudential confirmed that the net proceeds from the divestment would be returned to its shareholders.

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In its announcement, Prudential also underscored India’s importance as a key market, highlighting its strong growth potential. The company reiterated its commitment to expanding its operations within the country.

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