Driven by excellence, focused on strategies for the longer term.

This is the crux of who we are. It is an articulation of precision in purpose, from the Firm’s beginnings to where we are today. Our collective eye is unerringly trained on tomorrow.

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They are to employ our deep knowledge of the law beyond the business, the transaction, the deal. To use the opportunities and skills we possess, to reflect on the culture we’re creating. Individually and collectively, these are our efforts to help shape the thinking of our future generations, and arm them with strategies for true, sustainable growth.

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Jul 03, 2023

ICICI Bank Limited and ICICI Securities Limited on the proposed delisting of ICICI Securities

AZB & Partners acted for ICICI Bank Limited and ICICI Securities Limited on the proposed delisting of ICICI Securities through a pioneering scheme under Regulation 37 of the SEBI (Delisting of Equity Shares) Regulations, 2021. Pursuant to the proposed scheme, equity shares held by the public shareholders of ICICI Securities will stand cancelled, ICICI Bank will issue new shares to such public shareholders and ICICI Securities will become a wholly owned subsidiary of ICICI Bank.

Our deal team comprised our Senior Partners Ashwath Rau and Kashish Bhatia, Senior Associates Himanshoo Tembe and Aditi Shukla, and Associates Dishti Kaji and Yashi Saraswat.

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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