Shares of ICICI Bank which opened on a positive note and surged 1.88 per cent to reach an early high of Rs 272.25 on the BSE during the day settled almost flat at Rs 267.35, up 0.06 per cent.
On the NSE, the shares of ICICI Bank closed for the day at Rs 267.85, up 0.22 per cent. During the day, the stock opened at Rs 271.70, then jumped 1.90 per cent to touch an early high of Rs 272.35.
In a statement, ICICI Bank had yesterday said the board has decided to sell "4 per cent to Premji Invest and its affiliates and 2 per cent to Compassvale Investments Pte Ltd, an indirect wholly-owned subsidiary of Singapore-based investment company Temasek."
Premji Invest is the investment arm of Wipro Group chairman Azim Premji.
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Upon completion of the transaction, ICICI Bank will hold around 68 per cent share of the company.