ICICI Lombard stated that the company will file an appropriate response to the show cause notice within the “prescribed timelines”, based on the advice of its advisors.
ICICI Lombard fell 2.82 per cent to hit a low of Rs 1,266 on BSE. With this, the stock has taken its losing streak to the seventh straight trading session. The stock has fallen 8.14 per cent in the 7-day decline.