Icici Bank ( (IBN) ) has issued an announcement.
On March 10, 2025, the National Company Law Appellate Tribunal (NCLAT) dismissed all appeals filed by minority shareholders regarding the Scheme of Arrangement between ICICI Bank, ICICI Securities Limited, and their respective shareholders. This decision follows previous disclosures made by ICICI Bank in September and November 2024, indicating a resolution in favor of the bank’s proposed scheme, potentially stabilizing its operations and reinforcing its strategic initiatives.
More about Icici Bank
ICICI Bank Limited is a prominent financial institution in India, operating primarily 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 focus on the Indian market.
YTD Price Performance: -5.77%
Average Trading Volume: 3,973,868
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $98.17B
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