NCLT approves delisting of ICICI Securities, dismisses minority shareholders' petition

Q: How long will it take to read this news story?

The story "NCLT approves delisting of ICICI Securities, dismisses minority shareholders&#039; petition" has 302 words across 21 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "NCLT approves delisting of ICICI Securities, dismisses minority shareholders&#039; petition" was covered 10 hours ago by YourStory, a news publisher based in India.

Q: How trustworthy is 'YourStory' news outlet?

YourStory is a fully independent (privately-owned) news outlet established in 2008 that covers mostly startups, economy, and business news. The outlet is headquartered in India and publishes an average of 21 news stories per day. It's most recent story was published 8 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22193865</li><li>URL: https://beamstart.com/news/nclt-approves-delisting-of-icici-17242381859803</li></ul>

YourStory Logo YourStory 10h ago

NCLT approves delisting of ICICI Securities, dismisses minority shareholders' petition - YourStory

Quick Summary:

According to the scheme of arrangement, shareholders of ICICI Securities (ISEC) will get 67 shares of ICICI Bank for every 100 shares they hold.

The court also rejected objections filed by minority shareholders Quantum Mutual Fund and Manu Rishi Gupta.

The company had submitted an application for settlement under Settlement Regulations in respect of the aforementioned matter with a view to avoid any protracted proceedings arising from Sebi's Show Cause Notice, it said.