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ICICI Prudential Life Withdraws Credit Rating Post Debenture Redemption

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ICICI Prudential Life Withdraws Credit Rating Post Debenture Redemption

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ICICI Prudential Life Insurance Co. Ltd. ( (IN:ICICIPRULI) ) has provided an update.

ICICI Prudential Life Insurance Company Limited announced the withdrawal of its credit rating by CRISIL Ratings Limited for its Non-Convertible Debentures worth 12 billion INR. The company voluntarily requested the withdrawal following the redemption of these debentures, indicating a strategic move to manage its financial instruments and obligations effectively.

More about ICICI Prudential Life Insurance Co. Ltd.

ICICI Prudential Life Insurance Company Limited operates in the life insurance industry, offering a range of insurance products including life, health, and pension plans. The company focuses on providing financial security and savings solutions to individuals and families across India.

Average Trading Volume: 70,572

Technical Sentiment Signal: Buy

Current Market Cap: 883.1B INR

For a thorough assessment of ICICIPRULI stock, go to TipRanks’ Stock Analysis page.

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