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ICICI Prudential buys 0.7% stake in Cinemax

ICICI Prudential buys 0.7% stake in Cinemax
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First Published: Wed, Apr 04 2007. 12 48 PM IST
Updated: Wed, Apr 04 2007. 12 48 PM IST
Reuters
Mumbai: Cinemax India Ltd. confirmed that ICICI Prudential Life Insurance Co. Ltd. has bought 194,984 equity shares, or a 0.7% stake, in the company.
After this purchase, ICICI Life Insurance will have a 5.11% stake in Cinemax, according to an official statement released by the company.
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First Published: Wed, Apr 04 2007. 12 48 PM IST
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