Board of ICICI Bank agrees to sell 2.21% stake in brokerage arm
ICICI Bank, the promoter of the company, held 77.22 per cent stake in ICICI Securities as of September 30, 2020.
ICICI Bank, the promoter of the company, held 77.22 per cent stake in ICICI Securities as of September 30, 2020.
The company has raised a total of Rs 2,577 crore as fresh equity in the month of September.
The promoter and promoter group companies of ABFRL will hold about 55.13 per cent upon completion of the issuance.
On Tuesday, bank’s shares ended at Rs 1,152.45, down 0.67% on the BSE.
