ICICI Bank to merge with ICICI Securities soon
03/22/25, 4:06 AM
Location
Industry
banking
financial services
ICICI Securities Ltd. will be delisted and merged with ICICI Bank Ltd. under a court-approved scheme of arrangement. Shareholders will receive ICICI Bank shares based on a swap ratio of 67:100. This merger aims to streamline operations and enhance shareholder value. Key details regarding shareholder eligibility for dividends are also provided.
Company Info
Company info
ICICI Bank is a leading private sector bank in India. It offers a wide range of banking products and financial services. The bank is known for its innovative banking solutions and digital services. ICICI Bank has a significant presence in both retail and corporate banking.
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