Business Standard

ICICI Bank fixes record date for sub division of equity shares

Image

Capital Market

Record date is 05 December 2014

ICICI Bank announced that the Bank has fixed Record Date as 05 December 2014 for the purpose of ascertaining the eligible shareholders who would be entitled to receive 5 (Five) equity shares of nominal value of Rs. 2/- each in lieu of 1 (One) equity share of nominal value of Rs. 10/- each of the Bank.

Further the Bank has also informed that, each American Depositary Share (ADS) of ICICI Bank will continue to represent two underlying equity shares as at present. The number of ADSs held by an American Depositary Receipt holder would consequently increase in proportion to the increase in number of equity shares.

 

Powered by Capital Market - Live News

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 21 2014 | 12:41 PM IST

Explore News