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- Reuters
India's ICICI Securities gets shareholder nod to delist, paving way to merge with ICICI Bank
India's ICICI Securities on Thursday secured the votes needed to delist its stock, capping a dramatic week that saw backlash from some unhappy retail investors and reported attempts by parent ICICI Bank to sway votes. Local media had reported earlier this week that ICICI Bank made multiple attempts to persuade ICICI Securities' shareholders to vote in favour of the delisting. ICICI Bank, which holds roughly 75% stake in the brokerage and whose vote is not considered, said on Thursday that its shareholder outreach was "important" to explain the proposal and maximise participation, and was not done to sway voters.
- Zacks
ICICI Bank Limited (IBN) is an Incredible Growth Stock: 3 Reasons Why
ICICI Bank Limited (IBN) could produce exceptional returns because of its solid growth attributes.
- Zacks
ICICI Bank Limited (IBN) Is a Great Choice for 'Trend' Investors, Here's Why
ICICI Bank Limited (IBN) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
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