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ICICI SECURITIES MERGER
Yotta Data said to hire advisors for $900 million India IPOYotta Data Services is planning a Mumbai IPO to raise up to $900 million, with a potential $300 million pre-IPO round. Backed by rising AI-...
These 8 private and public banking stocks have an upside of up to 35% in one year, according to analystsThere was a decline in banking stocks during Tuesday’s trading session. The drop came as a reaction to the RBI tightening its bad loan norm...
ICICI Bank’s sharp drop in provisions signals strength; HDFC Bank treads carefully amid growth concerns: Dnyanada VaidyaICICI Bank surprised with a significant drop in provisioning, signaling improved asset quality and a strong recovery pipeline. In contrast,...
View: In India, some mergers and acquisitions are more equal than others. Just look at ICICI Securities caseICICI Bank plans to acquire its securities affiliate, prompting criticism from some shareholders unhappy with the buyout terms. Questions a...
ICICI Securities Delisting: 16 fund houses vote in favour of plan and 7 againstSixteen domestic mutual funds, including Kotak and LIC, supported ICICI Bank's proposal to delist ICICI Securities, despite concerns raised...
ICICI Securities questions the maintainability of the class action contesting the delisting and mergerThe case pertains to ICICI Securities' announcement last year, which allowed delisting and merger with ICICI Bank, with 67 shares of ICICI ...
Minority shareholders of ICICI Securities file lawsuit against delisting moveManu Rishi Guptha and minority shareholders have challenged ICICI Bank's delisting bid for ICICI Securities at NCLT. Shareholders had appro...
ICICI Securities: Shareholders approach NCLT over ICICI Bank's brokerage arm's delisting planA group led by a Bengaluru-based investment manager has contested ICICI Bank's bid to delist its brokerage arm, ICICI Securities. Despite s...
Quantum MF writes to Sebi, opposes plan to delist ISecQuantum Mutual Fund objects to ICICI Bank's delisting plan for ICICI Securities, citing non-compliance and flawed valuation. Allegations of...
ICICI Securities shareholders approve merger with ICICI Bank with 72% votes72% of shareholder votes favored the ICICI Securities-ICICI Bank merger. Concerns raised over alleged coercion of minority shareholders by ...
Exchanges seek clarification from I-Sec, promoter ICICI Bank on reports of allegedly influencing minority investorsICICI Bank is under the fire for allegedly coaxing minority shareholders of ICICI Securities (I-Sec) to support the private lender's propos...
Quantum MF votes against ICICI Bank-ICICI Securities’ proposed merger schemeICICI Bank wants to merge its 75% subsidiary ICICI Securities with itself offering investors 0.67 shares of ICICI Bank for every one share ...
NCLT clears ICICI Bank-ICICI Securities merger; EGM set for March 27Given the current stock prices, the scheme appears favourable to ICICI Bank shareholders, potentially leading to resistance from ICICI Secu...
ICICI Securities to turn 100% subsidiary of ICICI Bank upon delisting, share swap ratio announcedAs part of the delisting plan, public shareholders of ICICI Securities would be allotted 67 equity shares of ICICI Bank for every 100 equit...
Impact of impending HDFC merger on Nifty's Sept rejig in spotlightBased on the assets under management (AUM) of Nifty-based exchange-traded funds (ETFs) of ₹1.7 lakh crore, the index changes related to the...
This Adani group stock may replace Shree Cement in upcoming Nifty rejig"The ‘look-through earnings’ of the Nifty50 will drop as Shree Cement’s free float earnings for FY22 stands at Rs 800 crore or 4 times that...
- Shareholders challenge BoR-ICICI merger before CLB
Shareholders of Bank of Rajasthan today moved the Company Law Board alleging that its merger with ICICI Bank was in violation of various re...