General Updates

IPAMC/SE/40/26-27 August 10, 2026 To, To, BSE Limited, National Stock Exchange of India Ltd., Listing Department, Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, G block, Bandra Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip code: 544658 NSE Symbol: ICICIAMC Dear Sir/Madam, Sub: Outcome of the Board Meeting held on August 10, 2026 Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing Regulations), we hereby inform you that the Board of Directors of the Company has at their meeting held today i.e. on Monday, August 10, 2026, which commenced at 5:24 p.m. and concluded at 6:00 p.m., inter alia, approved the acquisition of portfolio management services (PMS) business from ICICI Securities Limited (ICICI Securities) by way of a slump sale, as a going concern, together with the assets and liabilities pertaining thereto and the execution of the business transfer agreement between the Company and ICICI Securities (“BTA”) in relation to the aforesaid. The acquisition of the PMS business is subject to approvals as required to be obtained under applicable laws. The proposed acquisition would enable the Company to broaden the Company’s existing portfolio management services offerings. The details as required under Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations read with SEBI Master Circular dated January 30, 2026 are enclosed herewith as Annexure A. We request you to please take the above information on record. For ICICI Prudential Asset Management Company Limited Rakesh Shetty Chief Compliance Officer & Company Secretary Membership No.: A15506 Encl.: as above ICICI Prudential Asset Management Company Limited Corporate Identity Number: L99999DL1993PLC054135 Corporate Office: ICICI Prudential Mutual Fund Tower, Santacruz East, Mumbai – 400055 Tel: +91 22 6647 0200/2652 5000 Fax: +91 22 6666 6582/83, website: www.icicipruamc.com, email id: enquiry@icicipruamc.com Central Service Office: 2nd Floor, Block B-2, Nirlon Knowledge Park, Western Express Highway, Goregaon (East), Mumbai – 400 063 , Tel No.: 022 26852000, Fax No.: 022-2686 8313 Registered Office: 12th Floor, Narain Manzil, 23, Barakhamba Road, New Delhi – 110 001 Annexure A Particulars Details Name of the target entity, ICICI Securities Limited (ICICI Securities) is currently engaged details in brief such as in the business of broking (institutional and retail), distribution size, turnover etc. of financial products, portfolio management services and merchant banking services. The transaction is to acquire the Portfolio Management Services (PMS) business of ICICI Securities. (“Transaction”) The Assets Under Management (AUM) under PMS business of ICICI Securities is ` 29.10 billion as on March 31, 2026. However, the actual AUM that will be transferred would be determined on the transfer date post receipt of the requisite approvals. Whether the acquisition This Transaction constitutes a related party transaction and it would fall within related will be done at arms’ length. party transaction(s) and whether the ICICI Securities is a wholly owned subsidiary of ICICI Bank promoter/promoter Limited, the promoter of the Company. group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arms length” Industry to which the Other financial services activities (Portfolio Management entity being acquired Services) belongs Objects and impact of The Transaction would enable the Company to broaden the acquisition (including but Company’s existing portfolio management services offerings. not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) Brief details of any SEBI and other approvals as may be required. governmental or ICICI Prudential Asset Management Company Limited Corporate Identity Number: L99999DL1993PLC054135 Corporate Office: ICICI Prudential Mutual Fund Tower, Santacruz East, Mumbai – 400055 Tel: +91 22 6647 0200/2652 5000 Fax: +91 22 6666 6582/83, website: www.icicipruamc.com, email id: enquiry@icicipruamc.com Central Service Office: 2nd Floor, Block B-2, Nirlon Knowledge Park, Western Express Highway, Goregaon (East), Mumbai – 400 063 , Tel No.: 022 26852000, Fax No.: 022-2686 8313 Registered Office: 12th Floor, Narain Manzil, 23, Barakhamba Road, New Delhi – 110 001 Particulars Details regulatory approvals required for the acquisition Indicative time period for The Transaction is expected to be completed within a year, completion of the subject to receipt of necessary approvals. acquisition Consideration - whether Cash consideration based on fair value would be determined cash consideration or by an independent valuer. share swap or any other form and details of the same Cost of acquisition and/or Cash consideration is determined by independent valuer at the price at which the 1.20% of the actual AUM to be transferred. shares are acquired Percentage of Not applicable shareholding / control acquired and / or number of shares acquired Brief background about The portfolio management services (PMS) business of ISEC the entity acquired in caters primarily to High-net-worth individuals (HNIs) by terms of products/line of providing professionally managed and customised investment business acquired, date of solutions. The PMS platform offers diversified range of incorporation, history of investment strategies across discretionary, non – discretionary last 3 years turnover, and advisory mandates encompassing direct equity, smart country in which the beta and multi – asset approaches with the objective of acquired entity has delivering long-term risk adjusted wealth creation aligned to presence and any other client’s investment objective. significant information (in brief) History for last 3 years revenue of the PMS business of ICICI Securities:- FY 2024 – ` 14.94 crores FY 2025 – ` 25.30 crores FY 2026 – ` 20.88 crores ICICI Prudential Asset Management Company Limited Corporate Identity Number: L99999DL1993PLC054135 Corporate Office: ICICI Prudential Mutual Fund Tower, Santacruz East, Mumbai – 400055 Tel: +91 22 6647 0200/2652 5000 Fax: +91 22 6666 6582/83, website: www.icicipruamc.com, email id: enquiry@icicipruamc.com Central Service Office: 2nd Floor, Block B-2, Nirlon Knowledge Park, Western Express Highway, Goregaon (East), Mumbai – 400 063 , Tel No.: 022 26852000, Fax No.: 022-2686 8313 Registered Office: 12th Floor, Narain Manzil, 23, Barakhamba Road, New Delhi – 110 001