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ICICI Pru AMC announces cessation of Independent Director(s)

02-Jul-2026 16:49 Hrs IST

ICICI Prudential Asset Management Company (AMC) has announced addendum to the Statements of Additional Information (‘SAIs’) of ICICI Prudential Mutual Fund and iSIF.ICICI Prudential Mutual Fund has informed that pursuant to completion of tenure as a director:Ved Prakash Chaturvedi has retired as an Independent Director on the Board of ICICI Prudential Asset Management Company (‘the AMC’) with effect from closure of business hours of June 30, 2026. Accordingly, Chaturvedi ceases to be the Independent Director of the AMC. Puranam Hayagreeva Ravikumar has retired as an Independent Director on the Board of ICICI Prudential Trust (‘the Trust Company’) with effect from closure of business hours of June 30, 2026. Accordingly, Ravikumar ceases to be the Independent Director of the Trust Company. Consequently, all references to Ved Prakash Chaturvedi and Puranam Hayagreeva Ravikumar in the SAIs stands deleted. All the other provisions of the SAI of the Fund and iSIF except as specifically modified herein above remain unchanged. This Notice-cum-Addendum forms an integral part of the SAIs as amended from time to time.

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