Please find attached clarification on the news article.
ICICIPRULI · price
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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.
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.