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