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ICICI Lombard Acquires Shares in HDFC Bank

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ICICI Lombard Acquires Shares in HDFC Bank

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The latest update is out from ICICI Lombard General Insurance Co. Ltd. ( (IN:ICICIGI) ).

ICICI Lombard General Insurance Company Limited has announced the acquisition of shares in HDFC Bank Limited, a private sector bank with a market capitalization of ₹15.48 trillion as of October 29, 2025. This acquisition is part of ICICI Lombard’s ordinary investment activities and does not constitute a related party transaction. The investment was made in multiple tranches over time, using cash consideration, and no governmental or regulatory approvals were required.

More about ICICI Lombard General Insurance Co. Ltd.

ICICI Lombard General Insurance Company Limited operates in the insurance industry, offering a range of general insurance products and services. The company focuses on providing comprehensive coverage solutions to individuals and businesses, enhancing its market presence in the financial services sector.

Average Trading Volume: 25,512

Technical Sentiment Signal: Strong Buy

Current Market Cap: 1004.8B INR

See more insights into ICICIGI stock on TipRanks’ Stock Analysis page.

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