Athira Sethu
Kochi, 19 May 2026
Shares of ICICI Prudential Life Insurance Company Limited plunged sharply on Monday, May 18, falling as much as 8.77% to touch a 52-week low of ₹488.60 on the NSE. The decline came after UK-based Prudential plc announced plans to acquire a 75% stake in Bharti Life Insurance for ₹3,500 crore from Bharti Life Ventures Pvt Ltd and 360 ONE Asset Management. Investors reacted negatively amid concerns that Prudential’s increased focus on Bharti Life could alter its long-term commitment to the ICICI Prudential Life joint venture.
| Stock Movement | Numbers |
| Intraday Decline | 8.77% |
| 52-Week Low | ₹488.60 |
| Prudential’s Proposed Deal | Details |
| Stake Acquisition in Bharti Life Insurance | 75% |
| Deal Value | ₹3,500 crore |
| Approximate Dollar Value | $389 million |
| Existing Relationship with ICICI Prudential Life | Numbers |
| Prudential’s Current Stake | Around 22% |
| Possible Required Holding After Regulatory Compliance | Below 10% |
