Latest News | BIZ-STOCKS-ICICIBANK   ICICI Bank Shares Jump 3 Pc in Early Trade

New Delhi, Aug 11 (PTI) Shares of ICICI Bank on Tuesday gained 3 per cent after the company set a floor price of Rs 351.36 per share for its proposed share sale to raise up to Rs 15,000 crore.

The stock rose by 2.90 per cent to Rs 374.15 on the BSE.

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It jumped 2.95 per cent to Rs 374.30 on the NSE.

The floor price for the qualified institutional placement (QIP) of shares is at a discount of over 3 per cent to Monday's close of Rs 363.60 on the BSE.

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The bank's issuance committee, which met on Monday evening, decided to open the issue immediately and set the floor price of Rs 351.36 per share, according to a regulatory filing by the lender.

The committee will meet again this Friday to determine the issue price for the equity shares to be allotted to qualified institutional buyers, pursuant to the issue.

The bank will be joining a slew of lenders, including largest pure-play mortgage lender HDFC which raised Rs 14,000 crore last week, and also others like Axis Bank and Kotak Mahindra Bank, who have raised capital as the system braces for a loan impairment impact. PTI SUM DRR DRR 08111145 NNNNgue title.

Juventus president Andrea Agnelli thanked the federation.

“Our path of women's football has shown on the field that we're deserving of this title; the third in three years,” Agnelli said.

“The road to bringing women's football in Italy to the level of the greats of Europe and the world is still very long. We will have to be able, all together, to build the right organizational and regulatory architecture to guarantee the next steps of growth.”

Fiorentina joins Juventus in next season's Women's Champions League after the FIGC used an algorithm to determine the final standings.

Tavagnacco and Orobica were relegated to Serie B and Napoli and San Marino were promoted to the top flight. AP

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)