ICICI Prudential Life Insurance Company has issued a clarification regarding recent media reports suggesting that Standard Chartered may exit its bancassurance partnership with the company to potentially join Bharti Life Insurance. The company has categorically stated that these reports are speculative in nature.
The clarification was made in accordance with Regulation 30(11) and related clauses of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. ICICI Prudential Life Insurance emphasised that the news article circulating in the mainstream media does not reflect any confirmed developments.
The company further noted that this information is available on their official website, providing transparency and accessibility to stakeholders and the public.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).