The National Company Law Appellate Tribunal (NCLAT) on Monday upheld the lower tribunal’s orders to approve the scheme of arrangement for delisting of broking firm ICICI Securities Ltd from the bourses. Last year in August and October, Mumbai and Ahemadabad benches of the National Company Law Tribunal (NCLT) approved applications filed by the ICICI Securities … Read more
Mumbai: ICICI Bank is under fire for allegedly coaxing minority shareholders of ICICI Securities (I-Sec) to support the private lender’s proposal to delist the broking and investment banking arm. 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 … Read more
Shares of ICICI Securities jumped 8% to Rs 681 in Tuesday’s trade on BSE after the company reported consolidated net profit of Rs 423.63 crore for the September quarter of the financial year 2024, a growth of 41% from the year-ago period. The brokerage and research firm reported a profit of Rs 300.4 crore in … Read more