United States
Securities and Exchange Commission
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 under
the Securities Exchange Act of 1934
For the month of January 2002
ICICI Bank Limited
(Translation of registrant's name into English)
4th floor, South Tower
ICICI Towers,
Bandra-Kurla Complex
Mumbai, India 400 051
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F X _ Form 40-F
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Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g 3-2(b) under the Securities Exchange
Act of 1934.
Yes No. X
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If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g 3-2(b).
Not applicable.
INDEX TO EXHIBITS
Item
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1. Press announcement by ICICI Bank Limited.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Dated: January 26, 2002
ICICI Bank Limited
By: /s/ Bhashyam Seshan
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Name: Bhashyam Seshan
Title: Company Secretary
[ICICI Bank logo] ICICI Bank Limited
ICICI Towers
Bandra Kurla Complex
Mumbai 400 051
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Press Release Vadodara, January 26, 2002
ICICI Bank shareholders approve merger
A meeting of the equity shareholders of ICICI Bank Limited (NYSE Code: IBN) was
held on Friday, January 25, 2002 at Vadodara (India) in terms of the Order of
the Honourable High Court of Gujarat at Ahmedabad (the Court), to consider the
Scheme of Amalgamation of ICICI Limited (NYSE Code: IC), ICICI Capital Services
Limited and ICICI Personal Financial Services Limited with ICICI Bank Limited
(the Scheme). In terms of the order of the Court and in accordance with the
provisions of the Companies Act, 1956, the approval of the shareholders for the
Scheme was sought through the process of ballot. The Scheme was approved by an
overwhelming majority of 99 per cent of the votes being cast in favour of the
Resolution by shareholders present and voting at the meeting.
The Scheme is further subject to approval of the shareholders of ICICI at their
meeting to be held on Wednesday, January 30, 2002, the approval of the High
Courts at Ahmedabad and Mumbai, Reserve Bank of India and such other
authorities as may be required. The Scheme would come into effect from the date
on which the RBI's approval becomes effective.
For investors' queries, contact : Bhashyam Seshan (Phone: (91)-22-653 8420 or
653 7460, Facsimile: (91)-22-653 1167, e-mail bhashyams@icicibank.com)
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Additional Information and Where to Find It
ICICI Bank and ICICI have made available Notice of the Shareholders' Meeting, a
copy of the Scheme of Amalgamation and an Information Statement to their
shareholders and American Depositary Receipt (ADR) holders. These documents
contain important information about the merger. Shareholders and ADR holders
are urged to read these documents carefully. Free copies of these documents may
also be obtained from ICICI Bank at the address given above. ICICI Bank's and
ICICI's filings with the United States Securities and Exchange Commission (US
SEC) are also available to the public from commercial document-retrieval
services or from the SEC website at www.sec.gov.
Forward-Looking Statements
Except for the historical information contained herein, statements in this
Release which contain words or phrases such as 'will', 'would', etc., and
similar expressions or variations of such expressions may constitute
'forward-looking statements'. These forward-looking statements involve a number
of risks, uncertainties and other factors that could cause actual results to
differ materially from those suggested by the forward-looking statements. These
risks and uncertainties include, but are not limited to our ability to obtain
statutory and regulatory approvals and to successfully implement our strategy,
future levels of non-performing loans, our growth and expansion in business,
the adequacy of our allowance for credit losses, technological implementation
and changes, the actual growth in demand for banking products and services,
investment income, cash flow projections, our exposure to market risks as well
as other risks detailed in the reports filed by us with the US SEC. The Bank
undertakes no obligation to update forward-looking statements to reflect events
or circumstances after the date hereof.