In a ruling on Wednesday, the court directed the Securities and Exchange Board of India (Sebi) to provide the petitioner-ICICI Securities shareholder Aruna Vinod Modi-with a copy of the exemption letter, subject to a non-disclosure undertaking. The investor had moved the court, contesting Sebi’s decision to grant parent ICICI Bank relaxation from rules on delisting the broking firm.
2 top stock recommendations from Dharmesh Shah
ICICI Direct’s Dharmesh Shah suggests a ‘buy the dip’ strategy, noting strong support for Nifty around 24,400-24,500. Despite tariff concerns, the market is expected to