Sebi Under Fire Again? Here's Why

Published on: September 02, 2024 - ICICI Bank’s move to acquire ICICI Securities has sparked significant controversy, thrusting India's market regulator, SEBI, into the spotlight once again. According to a report by Bloomberg, some shareholders of ICICI Securities are raising eyebrows over the terms of this acquisition, particularly questioning how SEBI permitted the delisting of ICICI Securities without adhering to its own rules that protect minority investors.