ICICI Bank Ltd.

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.