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Friday, 8 September 2017

ICICI Lombard Gets SEBI Nod for IPO


ICICI Lombard General Insurance Company has got capital markets regulator SEBI's go-ahead for its estimated Rs 6,000 crore initial public offer (IPO).

ICICI Lombard is a joint venture between ICICI Bank and Canada-based Fairfax Financial Holdings Ltd. 

Important Takeaways from Above News-
  • Ajay Tyagi is the Present Chairman of SEBI.
  • SEBI was set up on 12th April 1988.
Source- The Hindu Business Line


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