ICICI Prudential AMC approves acquisition of PMS business from ICICI Securities
ICICI Prudential Asset Management Co · Capital Markets
Key highlights
- Board approved on August 10, 2026 the acquisition of ICICI Securities' PMS business by slump sale as a going concern, subject to approvals
- PMS business AUM is ₹29.10 billion as on March 31, 2026; actual AUM transferred will be determined on transfer date
- Cash consideration to be determined by independent valuer at 1.20% of the actual AUM to be transferred; completion expected within a year
Why it's rated notable: amount is ₹500 crore or more
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Board Meeting Outcome for Outcome Of The Board Meeting Held On August 10, 2026
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.