Trusted News Discovery Since 2008
{{/content}}
ICICI, I-Sec merger gets investor nod despite woes
Credit: IndiaTimes- Published on March 28, 2024
ICICI Securities to be ICICI Bank's wholly-owned subsidiary with 75% stake. Public holds 25%. Institutional investors support. Delisting planned. Shareholders swap 67 ICICI Bank shares for every 100 in I-Sec. Concerns over discount broking firms dominance.