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ICICI Bank informs about disclosure

11 Mar 2025 Evaluate
ICICI Bank has informed that ICICI Securities (ICICI Securities) has, vide its disclosure dated March 11, 2025, communicated that all conditions for effectiveness of the Scheme have been fulfilled and as a result, the Scheme is effective. Accordingly, the Board of Directors of ICICI Securities, at its Meeting today, approved Monday, March 24, 2025 as the ‘Record Date’ for the purpose of determining the Public Shareholders of ICICI Securities whose Equity Shares will stand cancelled and to whom the new Equity Shares of ICICI Bank will be issued as per the Swap Ratio set out in the Scheme.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
HDFC Bank 803.05
ICICI Bank 1584.00
Axis Bank 1332.40
Kotak Mahindra Bank 487.60
Indusind Bank 919.00
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