Icici Bank ( (IBN) ) has provided an update.
ICICI Bank Limited announced that the Scheme of Arrangement for the delisting of ICICI Securities Limited has been fulfilled, as disclosed on March 11, 2025. The Board of Directors of ICICI Securities approved March 24, 2025, as the record date for determining public shareholders whose equity shares will be canceled and replaced with new ICICI Bank shares according to the swap ratio outlined in the scheme.
More about Icici Bank
ICICI Bank Limited is a prominent financial institution based in Mumbai, India, operating in the banking and financial services industry. The bank offers a wide range of products and services, including retail banking, corporate banking, and investment banking, with a significant market focus on both domestic and international markets.
YTD Price Performance: -5.77%
Average Trading Volume: 3,973,868
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $98.17B
For a thorough assessment of IBN stock, go to TipRanks’ Stock Analysis page.
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