NSE: ICICIAMC · 29 October 2026
- ICICI Prudential Asset Management Company Ltd. shares fell 1.68% today, settling at ₹2,741.90 after moving between an intraday high of ₹2,802.20 and a low of ₹2,734.00.
- ICICI Prudential Asset Management Company informed exchanges that Mr. Anand Shah, Senior Management Personnel and CIO for PMS and AIF, has submitted his resignation due to personal reasons. The management accepted the resignation, and he will officially cease his role after the closure of business hours on November 12, 2026.
- Trading volume was 0.36 times the 20-day average daily volume.
Why is ICICI Prudential Asset Management Company share price falling on 29 October 2026?
ICICI Prudential Asset Management Company Ltd. shares fell 1.68% today, settling at ₹2,741.90 after moving between an intraday high of ₹2,802.20 and a low of ₹2,734.00.
While the broader Nifty index advanced 1.05%, the stock lagged its benchmark territory amid ongoing near-term consolidation. Over the past 20 trading days, ICICIAMC shares have pulled back 15.19%, though they retain a minor 0.76% gain over a 5-day horizon.
Company disclosures showed that Senior Management Personnel Anand Shah tendered his resignation as CIO for PMS and AIF due to personal reasons, with his cessation taking effect at the close of business on November 12, 2026. While management changes of this nature form part of routine corporate updates, no single direct catalyst was confirmed to have driven today's specific price movement.
1.50 lakh shares traded by 29 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 4.20 lakh shares (0.36 times). The five-day average daily volume was 3.11 lakh shares. Separately, the NSE report for 28 October 2026 showed 1.55 lakh shares delivered, representing 58.64% of that day’s traded volume. The same report recorded 27,862 trades.
Today's downward price move occurred on low participation and below-average volume, with no direct single catalyst confirmed to have triggered the session's losses aside from general market sentiment and recent management transition filings.
Latest Company Developments
ICICI Prudential Asset Management Company informed exchanges that Mr. Anand Shah, Senior Management Personnel and CIO for PMS and AIF, has submitted his resignation due to personal reasons. The management accepted the resignation, and he will officially cease his role after the closure of business hours on November 12, 2026.
Leadership transitions in key asset management verticals can influence operational execution and investor confidence during periods of transition.
The board of directors approved the unaudited financial results for the quarter ended September 30, 2026, reporting operating revenue of ₹1,673.79 crore and a net profit of ₹888.96 crore. Additionally, the board declared an interim dividend of ₹30 per equity share, setting October 21, 2026, as the record date.
Strong quarterly earnings and dividend announcements directly impact valuation assessments and near-term shareholder returns.
Mr. Sidharatha Mishra stepped down as Non-Executive Director of the company effective October 5, 2026. Concurrently, the board approved the appointment of Mr. Anindya Banerjee as an Additional Non-Executive Director starting October 6, 2026.
Board-level changes reflect ongoing governance adjustments within the promoter and director ecosystem.
Intimation regarding resignation of senior management personnel of the Company.
ICICI Prudential Asset Management Company Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 5.81% on 30 September 2026. This compares with 4.80% on 30 June 2026, a change of +1.01 percentage points.
The filing reported 34 MF/UTI holders.
Research & Brokerage Views
Antique initiated coverage with a positive stance on operational execution.
Equirus established a baseline target reflecting valuation expectations around the public offering.
Historical Bulk / Block Deals
What to Watch Next
- Transition and handover of responsibilities following Anand Shah's departure as CIO for PMS and AIF by November 12, 2026.
- Execution of the upcoming interim dividend payout of ₹30 per share following the October 21, 2026 record date.
- Recovery in cash-market volume and participation relative to the 20-day average volume of 0.36x.
- Subsequent quarterly asset under management (AUM) growth figures and retail mutual fund inflows.
Other Dated Coverage
More ICICI Prudential Asset Management Company news and dated analysis →
Frequently Asked Questions
What is the latest ICICI Prudential Asset Management Company company news?
ICICI Prudential Asset Management Company informed exchanges that Mr. Anand Shah, Senior Management Personnel and CIO for PMS and AIF, has submitted his resignation due to personal reasons. The management accepted the resignation, and he will officially cease his role after the closure of business hours on November 12, 2026.
How strong was ICICI Prudential Asset Management Company’s trading volume?
1.50 lakh shares traded, 0.36 times the 20-day average daily volume. The price and volume data are dated 29 October 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.