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ICICI Bank Fully Acquires I-Process Services

ICICI Bank Fully Acquires I-Process Services

Icici Bank (IBN) has released an update.

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ICICI Bank Limited has announced the acquisition of 19,620 shares in off-market transactions, making I-Process Services (India) Private Limited a wholly-owned subsidiary of the bank. This move follows the bank’s initial disclosure on March 20, 2024, about I-Process becoming a subsidiary. The bank requests that this information be recorded as per regulatory guidelines.

For further insights into IBN stock, check out TipRanks’ Stock Analysis page.

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