Contact Your Financial Adviser Money Making MC
14
June 2018
ICICI Bank (The Total Investment & Insurance Solutions)
Lending
major ICICI Bank on Wednesday said that its Board has approved the sale of up
to 2 per cent in the joint venture, ICICI Prudential Life Insurance, in one or
more tranches. The Total Investment & Insurance
Solutions
The
bank, in a BSE filing, said that the sales can be carried out "in any
manner permissible under applicable law, including through an 'offer for sale
by promoters through stock exchange mechanism'".
On
Wednesday, the stock of ICICI Prudential Life Insurance on the BSE closed at Rs
410.25, down Rs 11.70 or 2.77 per cent from its previous close of Rs 421.95 per
equity share.The Total Investment & Insurance
Solutions
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