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TVS Venu Group set to buy PGIM India as regulators weigh in on deal terms
Business
Published on 24 April 2026
The target manages Rs 30000 crore across products
TVS Venu Group has signed definitive agreements to acquire Prudential Financial’s 100% stake in PGIM India Asset Management and PGIM India Trustees. The transaction, backed by legal advisors Khaitan & Co and Shardul Amarchand Mangaldas, is awaiting regulatory approval. PGIM India manages over Rs 30,000 crore across equity, debt, and multi-asset offerings.
- TVS Venu Group will acquire 100% stakes in PGIM India entities
- Deal is signed but still requires regulatory approval
- PGIM India oversees more than Rs 30,000 crore in assets
- Operations span equity, debt and multi-asset products
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times