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ICICI Securities shareholders approve merger, delisting proposal
short by Debaroti Adhikary / on Thursday, 28 March, 2024
Shareholders of ICICI Securities on Wednesday approved its delisting and merger with parent company ICICI Bank. Around 84% of the institutional shareholders voted in favour of the proposal, while over 67% of retail investors voted against it. Notably, few minority shareholders earlier criticised ICICI Bank for allegedly chasing them to vote in favour of the proposal.
read more at CNBC-TV18