*ICICI Securities to Merge in ICICI Bank: Merger Derails*
ICICI Securities shareholders would be allotted 67 equity shares of ICICI Bank for every 100 equity shares of ICICI Securities
*100 Shares ICICI Sec: 61390.0* (ICICI Sec: Close 613.9)
*67 Shares ICICI Bank: 62908.15* (ICICI Bank: Close 937.45)
Merger deal in favour of ICICI securities as ICICI Securities shareholders will get approx 2.4% higher value in conversion.
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