Announced Wed, 28 Oct, 2026 · 22:17 IST
ICICI Lombard buys State Bank of India shares, holding reaches 0.02%
ICICIGI · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
ICICI Lombard disclosed that its investment function bought State Bank of India shares for ₹1.72 billion on October 28, 2026, taking its cumulative holding to 0.02% of SBI, whose market value was ₹8.83 trillion. The cash investment was made over several tranches in the normal course of investment and required no regulatory approval.
Likely market impact
The small SBI holding adds investment diversification and is too small to materially affect ICICI Lombard's value or share price.