ICICI Lombard General Insurance Company540716Stake acquisition deal
ICICI Lombard acquires ₹ 1.72 billion of State Bank of India shares; holding reaches 0.02%
By ScoutQuest · · 1 min read
0.02%Cumulative holding in acquisition
- Consideration
- ₹ 1.72 billion
- Cumulative holding
- 0.02%
- Acquisition date
- October 28, 2026
- Target
- State Bank of India
- Transaction
- Acquisition of shares (minority stake, investment)
ICICI Lombard acquires ₹ 1.72 billion of State Bank of India shares; holding reaches 0.02%.
Target incorporated
Shares acquired
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More numbers
- Cost of shares acquired on October 28, 2026₹ 1.72 billion
- Cumulative holding in target post acquisition0.02 %
- Target market capitalisation₹ 8.83 trillion
- Target asset base₹ 61 trillion
- Target branches23,321
- Target ATMs/ADWMs63,580
- Target BC outlets82,900
- Target customers50 crore
- Target turnover FY 2025-267096.17 (₹ in billion)
- Consideration₹ 1.72 billion
Source: BSE · 28 Oct 2026
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