ICICI Bank Subsidiary IPO Update

TL;DR

ICICI Bank subsidiary ICICI AMC IPO moving forward, Prudential Corp sold 48%

AI Summary

ICICI Bank Limited filed a Form 6-K on December 19, 2025, providing an update on the initial public offering (IPO) of its subsidiary, ICICI Prudential Asset Management Company Limited (ICICI AMC). Prudential Corporation Holdings Limited sold 48% of its stake in ICICI AMC as part of this offering.

Why It Matters

This filing provides insight into the divestment strategy of ICICI Bank's subsidiary and its impact on the parent company's financial structure.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a subsidiary's IPO progress and does not present immediate financial risks to ICICI Bank.

Key Numbers

• 48% — Stake Sold (Portion of ICICI AMC sold by Prudential Corporation Holdings Limited in the IPO.)

Key Players & Entities

• ICICI Bank Limited (company) — Registrant
• ICICI Prudential Asset Management Company Limited (company) — Subsidiary undergoing IPO
• Prudential Corporation Holdings Limited (company) — Seller in subsidiary IPO
• December 17, 2025 (date) — Date of previous disclosure regarding the IPO
• December 19, 2025 (date) — Filing date of this Form 6-K
• 48% (dollar_amount) — Percentage of stake sold by Prudential Corporation Holdings Limited

FAQ

Filing Documents

• dp238993_6k.htm (6-K) — 21KB
• image_001.jpg (GRAPHIC) — 5KB
• 0000950103-25-016356.txt ( ) — 29KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a -16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December 2025 Commission File Number: 001-15002 ICICI Bank Limited (Translation of registrant’s name into English) ICICI Bank Towers, Bandra-Kurla Complex Mumbai, India 400 051 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F X Form 40-F Table of Contents Items: 1. Other news OTHER NEWS IBN ICICI Bank Limited (the ‘Bank’) Report on Form 6-K This is further to the disclosure made by ICICI Bank Limited (“ICICI Bank”) on December 17, 2025 with regard to the initial public offering (Offer) of our subsidiary, ICICI Prudential Asset Management Company Limited (ICICI AMC). Prudential Corporation Holdings Limited sold 48,972,994 equity shares of face value of 1 each of ICICI AMC at an issue price of 2,165 per share. ICICI AMC has been listed on BSE Limited and National Stock Exchange of India Limited effective December 19, 2025. We intend to retain our majority shareholding in ICICI AMC. We request you to kindly take the same on record. Certain definitions in this release relating to a future period of time (including inter alia concerning our future business plans or growth prospects) are forward-looking statements intended to qualify for the 'safe harbor' under applicable securities laws including the US Private Securities Litigation Reform Act of 1995. Forward-looking known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. These forward-looking statements are identified by their use of terms and phrases such as “aim,” “ambition,” “anticipate,” “aspire,” “aspiration”, “believe,” “commit,” “commitment,” “could,” “desire,” “estimate,” “expect,” “goals,” “intend,” “may,” “milestones,” “objectives,” “outlook,” “plan,” “probably,” “project,” “risks,” “schedule,” “seek,” “should,” “target,” “vision,” “will,” “would” and similar terms and phrases. Such forward-looking business conditions; political or economic instability in the jurisdictions where we have operations or which affect global or Indian economic conditions, increase in non-performing loans, unanticipated changes in interest rates, foreign exchange rates, equity prices or other rates or prices, our growth and expansion in business, the adequacy of our allowance for credit losses, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks, changes in India’s sovereign rating, as well as other risks detailed in the reports filed by us with the United States Securities and Exchange Commission. Any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this release. ICICI Bank undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. ICICI Bank Limited ICICI Bank Towers Bandra-Kurla Complex Mumbai 400 051, India. Tel.: 022- 4008 8900 Email:companysecretary@icicibank.com Website www.icicibank.com CIN.: L65190GJ1994PLC021012 Regd. Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara 390007. India SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised. For ICICI Bank Limited Date: December 19, 2025 By: /s/ Prachiti Lalingkar Name : Prachiti Lalingkar Title : Company Secretary ICICI Bank Limited ICICI Bank Towers Bandra-Kurla Complex Mumbai 400 051, India. Tel.: 022- 4008 8900 Email:companysecretary@icicibank.com Website www.icicibank.com CIN.: L65190GJ1994PLC021012 Regd. Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara 390007. India

View Full Filing

View this 6-K filing on SEC EDGAR