A few shareholders of ICICI securities question SEBI's approval https://www.youtube.com/watch?v=hpkv5eqHQ5A Sep 5, 2024
A new Scandal is emerging amidst the ongoing dispute between Hindenburg and India's Market Regulators, this is based on media reports the intention of the country's second most valuable Bank to acquire its Securities unit has come under the scanner. SEBI is facing criticism over ICICI securities & ICICI bank merger.
" SEBI should have probably uh dug deeper gone into the valuation it's a very important pertinent point to mention that se came out with a rule of exemption on 23rd of June 2023 on the 29th of June a valuation report by ICICI was made