NCLT Ahmedabad approves delisting ICICI Securities from stock …
WEB21 hours ago · In March, ICICI Securities announced it had received approval from 72 per cent of the public shareholders for its delisting and merger with ICICI Bank. A total of 83.8 per cent of the institutional investors voted in favour of the scheme, while 67.8 per cent of the non-institutional investors voted against it.
NCLT approves ICICI Bank’s scheme of delisting its affiliate ICICI ...
WEB1 day ago · The National Company Law Tribunal in Ahmedabad approved ICICI Banks plan to delist ICICI Securities Ltd. Two objections to the delisting were dismissed. Earlier, the NCLT Mumbai also approved the delisting scheme. ICICI Bank argued that the objections didn't meet the required shareholding threshold. The delisting was approved by a significant majority of ICICI Securities' shareholders.
NCLT approves delisting of ICICI Securities, dismisses plea ... - Mint
WEB1 day ago · ICICI Securities declared in June 2023 that it would delist and merge with ICICI Bank, its parent firm. In March 2024, the plan was accepted by shareholders, with 72% of minority shareholders ...
NCLT Ahmedabad approves ICICI Securities delisting
WEB1 day ago · The proposed delisting of ICICI Securities from the BSE and NSE was also approved by the Mumbai bench on August 21. NCLT Ahmedabad approved ICICI Securities delisting in a hearing on October 9. In ...
NCLAT issues notice to ICICI Securities in delisting case
WEBOct 1, 2024 · In June 2023, ICICI Securities announced its plan to delist and merge with its parent ICICI Bank. The plan was approved by shareholders in March 2024, with 72% of minority shareholders voting in ...
NCLT approves delisting of ICICI Securities; firm's shares see …
WEBAug 21, 2024 · Justice Virendra Singh G Bisht and technical member Prabhat Kumar dismissed the applications of Quantum Mutual Fund and investor Manu Rishi Guptha objecting to the proposed delisting of ICICI Securities. The NCLT had reserved its order on August 5 after listening to the arguments by the parties.
ICICI Securities delisting saga continues, NCLT defers case to July ...
WEBMay 15, 2024 · The ICICI Securities delisting saga faced another setback when the National Company Law Tribunal (NCLT) postponed the case until July amidst concerns from minority shareholders regarding the...
ICICI Securities delisting: ICICI Bank approves ICICI Securities ...
WEBJun 30, 2023 · Mumbai: ICICI Bank approved the delisting of ICICI Securities in a share swap deal that would make it the bank's wholly-owned subsidiary, ending the securities business' short life as a listed entity.
India's ICICI Bank faces pushback against delisting brokerage unit
WEBJun 6, 2024 · India's ICICI Bank is facing pushback against delisting its unit ICICI Securities, with some shareholders trying to block the move and the market regulator hauling the bank up over its...
ICICI Securities shareholders approve merger with ICICI Bank
WEBMar 28, 2024 · Shareholders of ICICI Securities have given their approval for the merger with its parent company, ICICI Bank, with more than 70% of the votes in favor of the merger scheme. The decision follows a National Company Law Tribunal (NCLT) order from February 14, 2024.