ICICI Prudential Asset Management Company Ltd

ICICI Prudential Asset Management Co. announced that the 33rd Annual General Meeting(AGM) of the company will be held on 24 June 2026.

Prudential plc (Prudential), a leading insurer and asset manager in Asia and Africa, on 17 May 2026 announced that as part of a strategic repositioning of its India operations it has agreed to acquire a 75% stake in Bharti Life Insurance Company (Bharti Life), a prominent Indian life insurer, from Bharti Life Ventures and 360 ONE Asset Management (360 ONE). Completion of the transaction remains subject to receipt of regulatory approvals and the satisfaction of other conditions. Anil Wadhwani, Prudential plc's CEO said, India is a strategically important and exciting market for Prudential. By acquiring a controlling stake in Bharti Life, we are' bringing together Prudential's nearly 180 years of global insurance expertise and Bharti's strong and growing local presence to serve the savings and protection needs of Indian consumers. Through this acquisition, we aim to contribute further to The Viksit Bharat Initiative and, by extending access to our products and services to customers in India, act as a catalyst for achieving 'Insurance for All by 2047'. Our joint partnership with the ICICI group of companies, has, for many decades, provided high-quality financial services solutions in India. We deeply appreciate this partnership and value our relationship with them. As part of the transaction, Bharti Life will also look into securing strategic distribution agreements with Bharti Airtel and 360 ONE. Following completion, Prudential's Indian operations will consist of majority -owned Bharti Life Insurance Company and Prudential HCL Health Insurance, and minority shareholdings in two listed entities, namely 35% of ICICI Prudential Asset Management Company and 22% in ICICI Prudential Life Insurance Company (ICICIPru Life). Regulatory approvals for the transaction are expected to require Prudential to reduce its shareholding in ICICIPru Life to under 10%. Prudential is engaging with the relevant regulatory authorities on this process and will seek an appropriate timeframe for the divestment that may be required, in the interests of its shareholders. Separately, Prudential continues to progress toward regulatory approvals for its standalone, majority-owned health insurance business in India. Health insurance operations are expected to commence during 2026 on receipt of these approvals. The transaction is for an initial cash consideration of ~Rs 3,500 crore (c. $389 million) payable on completion. The transaction will be funded from existing resources. The transaction is expected to deliver compelling strategic and financial benefits for Prudential over time. Further details will be provided when regulatory consent has been received for the transaction. It is expected that part of the proceeds from any divestment of ICICIPru Life will be used to support future growth in the business. The residual capital would contribute to Prudential's free surplus. There is potential additional consideration payable of up to ~Rs 700 crore (c. $78 million), dependent on the fulfilment of certain conditions.

On year on year (YoY) basis, the company's consolidated net profit jumped 10.37% while revenue from operations increased 19.53% in Q4 FY26. Profit before tax (PBT) climbed 13.27% YoY to Rs 1,038.57 crore in the quarter ended 31st March 2026. Operating profit jumped 30.2% to Rs 1,127.85 crore in Q4 FY26 compared with Rs 865.91 crore in Q4 FY25. The company's mutual fund (MF) Quarterly Average Asset Under Management (QAAUM) stood at 11,04,787 crore as on 31st March 2026, registering the growth of 25.6% compared with Rs 8,79,412 crore as on 31st March 2025. Active MF QAAUM increased 21.9% YoY to Rs 9,20,615 crore as on 31st March 2026 with a 13.7% market share. On annual basis, the company's consolidated net profit surged 24.43% to Rs 3,298.26 crore in FY26 compared with Rs 2,650.66 crore in FY25. Revenue from operations increased 23.1% YoY to Rs 5,764.63 crore in FY26. The company's board declared a final dividend of Rs 12.40 per equity share for the financial year ended March 31, 2026. ICICI Prudential Asset Management Company is a leading asset management company (AMC) in the country. It is involved in managing mutual funds, providing portfolio management services, managing alternative investment funds, and providing advisory services to offshore clients.

ICICI Prudential Asset Management Co. announced that the Board of Directors of the Company at its meeting held on 13 April 2026, inter alia, have recommended the final dividend of Rs 12.4 per equity Share (i.e. 1240%) , subject to the approval of the shareholders.

Net profit of ICICI Prudential Asset Management Co rose 10.37% to Rs 763.42 crore in the quarter ended March 2026 as against Rs 691.71 crore during the previous quarter ended March 2025. Sales rose 19.53% to Rs 1517.01 crore in the quarter ended March 2026 as against Rs 1269.19 crore during the previous quarter ended March 2025. For the full year,net profit rose 24.43% to Rs 3298.26 crore in the year ended March 2026 as against Rs 2650.66 crore during the previous year ended March 2025. Sales rose 23.10% to Rs 5764.63 crore in the year ended March 2026 as against Rs 4682.78 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1517.011269.19 20 5764.634682.78 23 OPM %76.4770.47 -74.4971.33 - PBDT1066.20940.41 13 4512.353618.44 25 PBT1038.57916.86 13 4406.843533.05 25 NP763.42691.71 10 3298.262650.66 24 Powered by Capital Market - Live

Profit before tax (PBT) climbed 13.27% YoY to Rs 1,038.57 crore in the quarter ended 31st March 2026. Operating profit jumped 30.2% to Rs 1,127.85 crore in Q4 FY26 compared with Rs 865.91 crore in Q4 FY25. The company's mutual fund (MF) Quarterly Average Asset Under Management (QAAUM) stood at 11,04,787 crore as on 31st March 2026, registering the growth of 25.6% compared with Rs 8,79,412 crore as on 31st March 2025. Active MF QAAUM increased 21.9% YoY to Rs 9,20,615 crore as on 31st March 2026 with a 13.7% market share. On annual basis, the company's consolidated net profit surged 24.43% to Rs 3,298.26 crore in FY26 comapred with Rs 2,650.66 crore in FY25. Revenue from operations increased 23.1% YoY to Rs 5,764.63 crore in FY26. The company's board declared a final dividend of Rs 12.40 per ewquity share for the financial year ended March 31, 2026. ICICI Prudential Asset Management Company is a leading asset management company (AMC) in the country. It is involved in managing mutual funds, providing portfolio management services, managing alternative investment funds, and providing advisory services to offshore clients. The counter declined 1.14% to end at Rs 3,351.60 on Monday, 13 April 2026. The stock market will remain closed today on account of Dr Babasaheb Ambedkar Jayanti.

ICICI Prudential Asset Management Co. will hold a meeting of the Board of Directors of the Company on 13 April 2026.Powered by Capital Market - Live

The board of ICICI Prudential Asset Management Co at its meeting held on 26 March 2026 has approved the change in directorate as under: Accepted the resignation of Guillermo Eduardo Maldonado-Codina (DIN: 10178467), Director of the Company from closure of business hours of 30 March 2026. Approved appointment of Rajeev Mittal (DIN: 03469388) as Non-Executive (Additional) Director of the Company with effect from 31 March 2026, which would be subject to approval of the shareholders of the Company. Powered by Capital Market - Live

Revenue from operations rose 23.5% YoY to Rs 1,514.67 crore in Q3 FY26, while total income surged 35.2% YoY to Rs 1,623.58 crore, aided by higher other income. Sequentially, revenue grew 6.7% QoQ, underscoring steady momentum. Profit before tax jumped 47.2% YoY to Rs 1,218.8 crore and increased 11.9% QoQ. Profit after tax came in at Rs 917.09 crore, up 45.1% YoY and 9.8% QoQ, reflecting strong operating performance. Total expenses stood at Rs 404.8 crore, up 8.5% YoY and largely flat QoQ (+0.6%), indicating tight cost control. Finance costs eased 8.6% YoY, while employee benefits expense rose a modest 2% YoY and declined 4% QoQ. Depreciation increased 22.8% YoY but was 2.3% lower QoQ. Operating profit from the core asset management business climbed 30% YoY to Rs 1,109.9 crore and grew 9.1% sequentially, highlighting operating leverage from higher AUM-linked revenues and disciplined costs. The company's mutual fund (MF) Quarterly Average Assets under Management (QAAUM) rose to Rs 10,763.8 billion, up from Rs 8,739.6 billion a year ago, lifting market share to 13.3%. Actively managed QAAUM climbed to Rs 9,088.9 billion with a 13.5% share, while equity and equity-oriented schemes expanded to Rs 6,081.4 billion, taking market share to 13.8%. Equity-oriented hybrid QAAUM grew sharply to Rs 2,084.1 billion, translating into a commanding 26.3% market share. Alternates QAAUM stood at Rs 752.8 billion, comprising PMS Rs 272.8 billion, AIF Rs 159.1 billion, and advisory assets Rs 320.9 billion. Monthly systematic transactions strengthened to Rs 50.37 billion in December 2025 from Rs 42.47 billion a year earlier. The distribution footprint remained robust with over 1.12 lakh empanelled partners across 278 offices, while unique customers increased to 16.17 million, up from 14.33 million last year, reflecting sustained retail traction. ICICI Prudential Asset Management Company is a leading asset management company (AMC) in the country. It is involved in managing mutual funds, providing portfolio management services, managing alternative investment funds, and providing advisory services to offshore clients. Powered by Capital Market - Live

ICICI Prudential Asset Management Co has fixed 21 January 2026 as record date for payment of interim dividend of Rs 14.85 per share. Powered by Capital Market - Live