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ICICI Bank sells 2% stake in ICICI Securities for Rs 310 crore

29 Aug 2020 Evaluate

ICICI Bank has sold 2 per cent stake in its subsidiary firm ICICI Securities (I-Sec) through an open market transaction for Rs 310 crore. ICICI Bank, the promoter of I-Sec, has divested 64,42,000 equity shares of the face value of Rs 5 each of the company on the stock exchange for an approximate total consideration of Rs 3.10 billion.

ICICI Bank is a leading private sector bank in India.

ICICI Bank Share Price

1266.15 1.35 (0.11%)
11-May-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 764.55
ICICI Bank 1266.15
Axis Bank 1271.05
Kotak Mahindra Bank 381.30
Indusind Bank 922.20
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