The National Company Law Tribunal in Ahmedabad approved ICICI Bank’s plan to delist ICICI Securities Ltd. Two objections to the delisting were dismissed. Earlier, the NCLT Mumbai also approved the delisting scheme. ICICI Bank argued that the objections didn't meet the required shareholding threshold. The delisting was approved by a significant majority of ICICI Securities' shareholders.
from Banking/Finance-Industry-Economic Times https://ift.tt/WIt2c4a
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