VERIFIEDET Finance·11 Aug 2026neutral

ICICI Prudential AMC to buy ISecs' PMS business

AI Summary

·ICICI Prudential AMC's board approved acquiring ICICI Securities' PMS business.
·The PMS business has ₹2,910 crore in assets under management as of March 31, 2026.
·The transaction is expected to be completed within a year after approvals.