Promoter Prudential Corp to sell up to 2% stake in ICICI AMC via open market

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

ICICIAMC · price

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

Price reactionminutes from the announcement price · days from the prior close

-2.0%Reaction day

₹3281.00

prior close

₹3233.00

announcement price

In-mkt

timing

Nifty Midcap 150market+0.0%-2.1% vs market

Asset Management Company peers, median of 7sector+0.3%-2.4% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Midcap 150 and 2.4 pts less than its Asset Management Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.5

15m

-0.6

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.0+0.0-2.1+0.3-2.4

Next day

-6.0-0.1-5.9+0.2-6.2

-4.3-0.1-4.2+1.2-5.5

-6.5+0.0-6.6+0.9-7.4

-7.7-1.2-6.5-0.6-7.1

-9.3-1.8-7.6-1.3-8.1

-9.6-1.5-8.1-2.1-7.5

15d

-5.5-4.1-1.5-6.8+1.3

-1.7-6.2+4.5-7.6+5.9

-15.8-11.5-4.2-12.9-2.9

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UpDownMarket · Nifty Midcap 150Sector · Asset Management Company peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Prudential Corporation Holdings, a promoter of ICICI Prudential AMC, plans to sell up to 98.85 lakh equity shares (2.00% of paid-up capital) through the open market on August 27, 2026 to meet the minimum public shareholding norm. Post-sale, promoter group holding will drop from 87.60% to 85.60%. The sale will happen in single or multiple tranches on that day.

Likely market impact

Modest 2% promoter sale on a single day to meet public shareholding rules. Short-term supply pressure possible, but limited size.