MUMBAI – Promoter ICICI Bank has acquired an additional 1.4% stake in ICICI Lombard General Insurance Company through the open market on Tuesday for Rs 1,164 crore. The lender bought 69,82,852 shares through multiple block deals on the stock exchanges at Rs 1,666.35 a share. As of December-end, the private sector lender held a 47.91% stake in the insurance major. Through a separate deal, Bharti Enterprises sold a 1.3% stake in ICICI Lombard General Insurance for Rs 1,042 crore. It sold…
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