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ICICI allowed to sell Kitara Capital-backed firm’s shares in open market

By Maulik Vyas

  • 18 Aug 2017
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ICICI allowed to sell Kitara Capital-backed firm’s shares in open market
Credit: Shah Junaid/VCCircle

In a relief to ICICI Bank Ltd, the Bombay High Court has allowed it to sell the shares that were pledged with the bank by a Kitara Capital-backed mid-sized engineering, procurement and construction (EPC) contract firm. The infrastructure company was opposing the bank’s move to sell the shares citing an ......

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