(Responded) Where is this - ICICI Securities

I can’t find the stock Name icici securities limited ISEC ON DHAN


@Dhan

Hi @GOPAL_MAKWANA ICICI Securities has been delisted in March 2025. It is no longer available for trading on Stock Exchanges.

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ICICI Securities Ltd.'s equity shares will be suspended from trading effective the closing hours of March 21, 2025. This suspension precedes the actual delisting as part of a scheme of arrangement that will result in ICICI Securities becoming a wholly-owned subsidiary of ICICI Bank. The official suspension date from which trading will cease is March 24.

Strategic Implications
The delisting and subsequent integration of ICICI Securities as a wholly-owned subsidiary are strategically significant for ICICI Bank. This move aims to streamline operations and enhance corporate governance by more closely aligning the broken arm with the bank’s core operations. The consolidation is expected to optimize efficiency and drive competitive advantage within the financial services sector . Following the record date, shareholders of ICICI Securities will receive their ICICI Bank shares according to the approved swap ratio. Market participants will be closely observing the impact of this consolidation on ICICI Bank’s financials and stock performance.

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@GOPAL_MAKWANA ICICI Securities will be merged into ICICI Bank, and from the information, for every 100 shares of ICICI Securities, you will get 67 ICICI Bank shares. You should receive an email regarding this.

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Thankyou for information friends :grin:

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