The Board of Directors of ICICI Bank, at its meeting held December 08, approved the sale of as much as 7,121,403 fairness stocks of face price Rs. 5 each of ICICI Securities Ltd, representing up to 2.21% of its issued and paid-up equity percentage capital, thru a suggestion on the market thru inventory alternate mechanism, in accordance with relevant regulation, closer to compliance with the requirement of minimal public waft of the Company.
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