ICICI Bank Explains Efforts to Inform Shareholders on ICICI Securities Delisting

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.

ICICI Bank informing shareholders about ICICI Securities delisting proposal

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.

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