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ICICI Securities shares dip over 4% as shareholders approve delisting proposal

ICICI Securities shares dip over 4% as shareholders approve delisting proposal
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ICICI Securities delisting: ICICI Bank under fire for allegedly trying to influence I-Sec s minority investors

Shareholders of ICICI Securities claimed on social media that the bank s executives contacted them directly, asking them to vote in favour of the resolution that proposes to delist the broking subsidiary. Lawyers and market participants said such alleged actions could result in regulatory scrutiny of the voting process.

ICICI Bank faces criticism over alleged pressure on ICICI Securities minority shareholders for delisting

India Business News: Shareholders of ICICI Securities took to social media to report that bank executives reached out to them directly, urging them to support the resoluti

ICICI Securities trades down after administrative warning from Sebi

Sebi conducts multiple thematic and comprehensive inspections of the brokerage s various regulated activities from time to time. A warning was issued in connection with one of the thematic inspections carried out of the Stock Broking activities of the company.

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