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Why Is ICICI Securities Being Delisted? Understanding the Merger with ICICI Bank

Why Is ICICI Securities Being Delisted? Understanding the Merger with ICICI Bank

24 March 2025

ICICI Securities Ltd officially ceased trading on March 24, 2025, the record date marking the implementation of a scheme of arrangement between ICICI Securities, its shareholders, and its parent company, ICICI Bank Ltd. This delisting follows the announcement of the merger on 29 June 2023. Under the merger agreement, shareholders of ICICI Securities are to …

Shares That Hit Circuit Limits On March 24, 2025, Gensol Engineering, Senco Gold, and More

Shares That Hit Circuit Limits On March 24, 2025, Gensol Engineering, Senco Gold, and More

24 March 2025

On March 24, 2025, BSE Sensex closed 1.40% higher at 77,984.39, while Nifty50 jumped 1.32% to 23,658.35. Amidst the market volatility, stocks like Gensol Engineering, STransformers and Rectifiers and Senco Gold hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today. Stocks That Hit Upper Circuit on March 24, 2025 Symbol LTP …

Engineers India Secures International Contracts Worth ₹730 Crore

Engineers India Secures International Contracts Worth ₹730 Crore

25 March 2025

Engineers India Limited (EIL) has recently announced the award of 2 major contracts in the Middle East, which are expected to contribute significantly to the company’s portfolio. The contracts, awarded by international clients, focus on Project Management Consultancy (PMC) Services and Engineering & Project Management Services. Contract Overview The combined estimated value of these 2 …

IFB Industries Stock in Buzz After Govt Imposes Anti-Dumping Duty on Roller Chains from China

IFB Industries Stock in Buzz After Govt Imposes Anti-Dumping Duty on Roller Chains from China

25 March 2025

Shares of IFB Industries Ltd recently experienced significant intraday movement, reaching a high of ₹1,349 before trading at ₹1,293.75 as of 3:25 PM on March 25, 2025. The stock was down by 1.2% during this period, largely influenced by the imposition of anti-dumping duties on specific imports. This price change draws attention to the company’s …

Shares That Hit Circuit Limits On March 25, 2025, Websol Energy System, Senco Gold, and More

Shares That Hit Circuit Limits On March 25, 2025, Websol Energy System, Senco Gold, and More

25 March 2025

On March 25, 2025, BSE Sensex closed 0.04% higher at 78,017.19, while Nifty50 jumped 0.04% to 23,668.65. Amidst the market volatility, stocks like Websol Energy System, JSW Holdings, and Senco Gold hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today. Stocks That Hit Upper Circuit on March 25, 2025 Symbol LTP …

Varun Beverages Announces Record Date for Dividend Distribution: Check Details Here!

Varun Beverages Announces Record Date for Dividend Distribution: Check Details Here!

25 March 2025

Varun Beverages share price gained attention during early trading hours today. The company has fixed Friday, April 4, 2025, as the record date for dividend distribution. News reports suggest that the company will offer a final dividend of ₹0.50 per share. This is for the year ending of December 2024. The face value of each share …

Engineers India Share Price in Focus As it Secures ₹730 Crore International Orders

Engineers India Share Price in Focus As it Secures ₹730 Crore International Orders

25 March 2025

Engineers India Ltd (EIL) has won 2 major international contracts worth ₹730 crore. According to the company’s filing with BSE, clients from the Middle East awarded these contracts for Project Management Consultancy (PMC) Services and Engineering & Project Management Services Agreements. The PMC project is valued at ₹650 crore, while the engineering services agreement is …

Punjab & Sind Bank Share Price Jump 13% After QIP Floor Price Announcement

Punjab & Sind Bank Share Price Jump 13% After QIP Floor Price Announcement

25 March 2025

Shares of Punjab & Sind Bank soared over 13% on Tuesday after the lender set a floor price of ₹40.38 per share to raise funds through a Qualified Institutional Placement (QIP). Stock Performance Punjab & Sind Bank share price climbed 13.08% to ₹50.5 per share, marking its biggest intraday gain since January 14. However, it …

JTL Installs New Tech for Steel Tube Production in Maharashtra

JTL Installs New Tech for Steel Tube Production in Maharashtra

25 March 2025

JTL Industries has deployed Direct Forming Technology (DFT) at its production facility in Mangaon, Maharashtra. This upgrade will significantly enhance its existing steel tube production capacity. DFT will accelerate the direct creation of various hollow section sizes without requiring roll changes. This will speed up production by eliminating setup time. Benefits of DFT to JTL …

ICICI Securities Delisted, Now a Wholly Owned ICICI Bank Unit

ICICI Securities Delisted, Now a Wholly Owned ICICI Bank Unit

25 March 2025

ICICI Securities has officially merged with ICICI Bank, making it a wholly owned subsidiary. With all necessary approvals secured, the merger scheme is now effective, leading to ICICI Securities’ delisting from stock exchanges. This move is expected to streamline operations and strengthen ICICI Bank’s financial services. Record Date and Share Swap In a disclosure on …

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