Announced Thu, 21 May · 13:04 IST

Please find attached clarification on the news article.

Business Updates View source PDF

ICICIPRULI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.3%1-day move
₹509.00
prior close
₹512.15
base price
In-mkt
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AI summary

ICICI Prudential Life Insurance has filed a clarification with stock exchanges regarding a speculative news article claiming that Standard Chartered is likely to exit its bancassurance partnership with the company and may join Bharti Life Insurance instead. The company states that the news article is speculative in nature and does not reflect any confirmed change to their business arrangements. This disclosure was made pursuant to Regulation 30(11) of the SEBI Listing Regulations.

Likely market impact

No material impact on shareholders as this is merely a clarification that denies a speculative media report. The company has not announced any actual change to its bancassurance or distribution partnerships.