ICICI Securities shares fall 5% after NCLT approves delisting from stock exchanges

ICICI Securities' shares dropped 5% to Rs 808.55 following the NCLT Mumbai's approval of its delisting application. The tribunal dismissed objections from Quantum Mutual Fund and Manu Rishi Guptha, who argued the delisting harms minority shareholders. ICICI Securities noted significant shareholder support, with over 93% approving the delisting proposal.