ICICI Bank has been reaching out to shareholders of ICICI Securities to ensure they’re informed about the delisting proposal and upcoming e-vote. This transparency aims to maximize shareholder participation in this critical decision.
What to Know:
- ICICI Bank wants shareholders to be well-informed before voting.
- The share exchange ratio is based on a joint valuation by independent experts.
- Two separate merchant bankers provided fairness opinions, ensuring a fair deal.
ICICI’s Commitment:
ICICI Bank and ICICI Securities are committed to good corporate governance and clear communication. This includes using independent valuations and fairness opinions for a transparent process.
What Shareholders Can Do:
- Participate in the e-vote and make an informed decision.
- Stay tuned for further updates on the delisting proposal.
By working together, ICICI and its shareholders can ensure a fair outcome for all.