What’s vexing ICICI Securities’ minority shareholders?

What’s vexing ICICI Securities’ minority shareholders?

MUMBAI :Minority shareholders of ICICI Securities Ltd have questioned the rationale and intent of mutual funds that bought shares of the brokerage firm in February at a premium only to vote in favour of delisting the company shortly after at a special meeting of minority shareholders on 27 March.

Minority shareholders of ICICI Securities Ltd have questioned the rationale and intent of mutual funds that bought shares of the brokerage firm in February at a premium only to vote in favour of delisting the company shortly after at a special meeting of minority shareholders on 27 March.

By buying the shares at a premium, and then voting for the…
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Source: https://www.livemint.com/companies/whats-vexing-icici-securities-minority-shareholders/amp-11714539170837.html