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ICICI Bank enters into agreement with Myclassboard Educational Solutions

29 Dec 2020 Evaluate

ICICI Bank has entered into an agreement in relation to an investment in Myclassboard Educational Solutions (MESPL). Post investment, the bank will hold 9.09% stake in MESPL through acquisition of 100 equity shares and 104,890 Cumulative Compulsorily Convertible Preference Shares on fully diluted basis.

ICICI Bank is a leading private sector bank in India.

Peers
Company Name CMP
HDFC Bank 680.35
ICICI Bank 1380.90
Axis Bank 1216.90
Kotak Mahindra Bank 442.05
Indusind Bank 840.60
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