logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

ICICI Bank to merge with ICICI Securities soon

Mar 22, 20259 months ago

Acquiring Company

ICICI Bank

Acquired Company

ICICI Securities

MumbaiBankingFinancial Services

Description

ICICI Securities Ltd. will be delisted and merged with ICICI Bank Ltd. under a court-approved scheme of arrangement. Shareholders will receive ICICI Bank shares based on a swap ratio of 67:100. This merger aims to streamline operations and enhance shareholder value. Key details regarding shareholder eligibility for dividends are also provided.

Company Information

Company

ICICI Bank

About

ICICI Bank is a leading private sector bank in India. It offers a wide range of banking products and financial services. The bank is known for its innovative banking solutions and digital services. ICICI Bank has a significant presence in both retail and corporate banking.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed