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Prudential ICICI Changes Provisions on its Floating Rate Plan

Last updated: 08-Jul-2024•Value Research

Prudential ICICI has brought about the following change in its Floating Rate Plan with effect from A

Prudential ICICI has brought about the following change in its Floating Rate Plan with effect from August 16, 2004.

Introduction of Daily Dividend Option –

In addition to the present fortnightly dividend under the Dividend Option, the Trustees may also approve the distribution of daily dividend under all the three Options (A, B and C) under the scheme, as recommended by the AMC, out of the net surplus under the Dividend Option.

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