“The RMs would have been asked by some senior management personnel of the bank to woo the subsidiary’s shareholders to vote in favour of the delisting proposal,” said a person familiar with the regulator’s thinking. “Sebi is looking into the allegations. Call data records of people involved in this matter will also be examined.” Emails sent to ICICI Bank and Sebi remained unanswered.
Positive Breakout: These 10 stocks cross above their 200 DMAs
In the Nifty 200 pack, 10 stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 20, according to stockedge.com’s technical scan