Announced Fri, 25 Sept, 2026 · 12:06 IST
Ikoma Technologies drops proposed acquisition of ICM Insurance Brokers
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.4%1-day move
₹61.45
prior close
₹60.24
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-2.1-2.1-2.1-3.4-5.4-11.1-15.0-19.2-9.5————
Up moveDown movePending
AI summary
Board approved withdrawal of the proposed acquisition of M/s ICM Insurance Brokers Private Limited because the Rights Issue intended to fund the deal has also been withdrawn. The company plans to file a fresh In-Principle Application with BSE for the Rights Issue with revised objects. The earlier In-Principle Application filed on 08 June 2026 has been withdrawn.
Likely market impact
Acquisition called off as Rights Issue funding fell through. Watch for refiled Rights Issue with revised purpose going ahead.