ICICI Prudential AMC Shares Rise 7% in 7 Days Since RBI Approval for Stake in Four Banks
ICICI Prudential Asset Management Company receives RBI approval to acquire up to a 9.95% stake in Kotak Mahindra Bank, AU Small Finance Bank, and two others.
ALFA News
Straight from the exchange filing
Regulatory approvals, licences and clearances.
ICICI Prudential Asset Management Company receives RBI approval to acquire up to a 9.95% stake in Kotak Mahindra Bank, AU Small Finance Bank, and two others.
AU Small Finance Bank receives RBI approval for ICICI Prudential AMC to acquire up to 9.95% stake. Market cap stands at ₹80,371.9 Cr with strong annual growth.
DCB Bank Ltd receives RBI approval for ICICI Prudential AMC to acquire up to 9.95% stake. The bank reported a 35.57% YoY net profit growth in the latest quarter.
CSB Bank receives RBI approval for ICICI Prudential AMC to acquire up to 9.95% stake. Explore the regulatory impact and bank financial performance details here.
RBI grants approval to LIC to acquire up to 9.99% stake in ICICI Bank. The acquisition must be completed within one year. ICICI Bank's TTM net profit is ₹56,090 Cr.
Gaja Alternative Asset Management receives SEBI registration for Gaja Capital India Fund V, a Category II AIF with a 10-year term. Read the regulatory details.
Biocon Biologics receives Japan MHLW marketing approval for its Pegfilgrastim biosimilar. This oncology product strengthens Biocon's ₹17,321 Cr TTM revenue base.
The Indian Hotels Company Limited (IHCL) board approves amalgamation of Oriental Hotels (OHL) with a share exchange ratio of 25 IHCL shares for 117 OHL shares.
Oriental Hotels Limited board approves amalgamation with Indian Hotels Company Limited at a 25:117 share exchange ratio to drive hospitality sector synergies.
MPS Limited convened an NCLT-directed meeting on August 22, 2026, for shareholders to approve the merger with ADI BPO Services to enhance operational efficiency.
Rudra Ecovation Ltd informs that NCLT Chandigarh has reserved its order on the merger with Shiva Texfabs Ltd. The textile firm has a market cap of ₹224.46 crore.
Tube Investments of India acquires an additional 2.69% stake in Shanthi Gears for ₹77.49 Crore via a block deal, raising its total shareholding to 73.16 percent.
Adani Power Ltd promoter group entities increased their aggregate stake from 73.19% to 74.96% through a series of market purchases and block deals in 2026.
Bondada Engineering secures CEA approval to energize a 300 MW grid-connected solar power project for NLC India Renewables in Khavda, Gujarat. Learn more here.
Novelix Pharmaceuticals promoters acquire 3,37,500 shares worth ₹6.75 crore through warrant conversion, increasing the promoter group's consolidated equity stake.
Bayer AG acquires 53.54 lakh shares of Bayer CropScience Ltd from Bayer CropScience AG. The 11.91% stake transfer raises Bayer AG total voting rights to 20.34%.
Bayer AG announces inter-se promoter transfer to acquire 5.35 million shares of Bayer CropScience for ₹2,374 crore, priced at ₹4,434 per share via block deal.
Anar Jayeshbhai Patel acquires 3,46,870 shares (10.35%) in Craftroot Retail Ltd via SPA and Open Offer. Learn about the new promoter group entry and financials.
Jullundur Motor Agency promoter Shuchi Arora acquires a 31.55% stake via transmission from Late Santosh Sondhi, raising her total company holding to 39.73%.
The Indian Wood Products Co Ltd promoter Bharat Mohta to acquire 91,60,200 shares from Savita Mohta via gift, raising his individual stake to 26.26% from 11.94%.