ICICI Lombard ceases to be ICICI Bank subsidiary post Bharti AXA merger

The scheme of arrangement between Bharti AXA and ICICI Lombard came into effect on September 8, 2021. ICICI Lombard has allotted a total of 35,756,194 equity shares of the company to Bharti AXA shareholders -- Bharti General Ventures (18,235,659) and Societe Beaujon (17,520,535).

from Banking/Finance-Industry-Economic Times https://ift.tt/3BTfX1i