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ICICI Bank acquires ICICI Securities as subsidiary

ICICI Bank acquires ICICI Securities as subsidiary

03/25/25, 4:01 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgmumbai
Industry
finance
financial services
ICICI Securities Limited has become a wholly owned subsidiary of ICICI Bank following the merger's successful completion. The merger, effective March 11, 2025, will streamline operations and enhance the bank’s financial services. The integration received broad shareholder support, with the delisting proposal exceeding required votes. A swap ratio of 67:100 will apply to existing shareholders of ICICI Securities.

Company Info

Company
ICICI Bank
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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