ICICI BANK LTD (IBN) Form 6-K — Sep 3, 2026
ICICI Bank has completed the purchase of an approximately 2.00% additional stake in its listed subsidiary, ICICI Prudential Life Insurance Company Limited, executing the plan it first disclosed on February 28, 2026 and June 24, 2026. The Bank acquired 29,015,693 ICICI Life equity shares through multiple tranches on the stock exchanges between July 22, 2026 and September 2, 2026, for an approximate consideration of ₹14.70 billion.
Key figures
- Consideration
- ₹14.70 billion (approximate)
- Stake Acquired
- approximately 2.00% of ICICI Life's equity share capital (as of June 30, 2026)
- Purchase Window
- July 22, 2026 to September 2, 2026, via stock exchange mechanism in multiple tranches
- Resulting Stake
- approximately 52.8%
- Shares Purchased
- 29015693
- Face Value Per Share
- ₹10
AI analysis
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