ICICI Securities wants to delist. Why are mutual funds buying its shares?
2024-03-17
Interestingly, these funds bought ICICI Securities shares at a premium to the value of ICICI Bank shares they will get in exchange, if the delisting of ICICI Securities goes through. For every 100 shares of ICICI Securities, shareholders will get 67 shares of ICICI Bank, translating to a share swapRead More →