ICICI stake watch: ICICI Bank moves to retain majority in AMC, ADR rules set for tweak – Times of India
ICICI Bank has approved plans to raise its stake in ICICI Prudential Asset Management Company by up to 2 per cent, as part of efforts to retain majority control ahead of a potential dilution due to stock-based compensation at the fund house.In a regulatory filing on Friday, the bank said its board has cleared the…