|Offer for Sale for ICICI Prudential Life Insurance Company Limited
This is in continuation of the Exchange notice no. 20190325-28 dated March 25, 2019 for Offer for Sale (OFS) by Prudential Corporation Holdings Limited (“the Seller”) proposed to sell up to 37,330,397 equity shares representing 2.6% of the equity share capital of ICICI Prudential Life Insurance Company Limited (“the Company”) of face value of Rs. 10 each (“Base Offer Size”) with an option to sell up to additional 15,937,208 equity shares of face value of Rs. 10 each of the Company representing 1.11% of the equity share capital of the Company, on March 26, 2019 (T day) (for non-retail investors only) and on March 27, 2019 (“T+1 Day”) (for retail investors and for non-retail investors who choose to carry forward their un-allotted bids) (the “Oversubscription Option”, the equity shares forming part of the Base Offer Size and the Oversubscription Option will, collectively, hereinafter be referred to as “Offer Shares”), collectively representing 3.71% of the total paid up equity share capital of the Company, in accordance with the SEBI OFS Circulars and the notices and circulars issued by the BSE Limited (the “BSE”) and National Stock Exchange of India Limited (the “NSE”), from time to time, in this regard (such offer for sale hereinafter referred to as the “Offer”).
The Seller (“Seller – Prudential Corporation Holdings Limited”) has informed the Exchange of its intention to exercise the Oversubscription Option.
A copy of the letter dated March 26, 2019 submitted by Prudential Corporation Holdings Limited (“the Seller”) is attached for information
Additional General Manager
Listing Sales & Ops
March 26, 2019