Sebi: Sebi probing charges of ‘coerced’ voting to delist broking arm of ICICI

Sebi: Sebi probing charges of ‘coerced’ voting to delist broking arm of ICICI

Mumbai: Securities and Exchange Board of India (Sebi) is examining allegations made by some minority shareholders of ICICI Securities that they were coerced by the relationship managers (RMs) of its parent ICICI Bank to vote in favour of a proposal to delist the stock broking arm. These small investors have also moved the company law … Read more