Explanation:- ? ICICI Bank signed an agreement with Verve Financial Services (VFSPL). The bank has  acquired a 9.49% stake for a cash investment of INR 19.99 crore in the equity shares of  VFSPL. ? VFSPL operates ‘Indiafilings’ platform, it provides various services like incorporation,  trademark, tax filings, compliance, payroll management and other business services to  MSMEs, corporates and entrepreneurs. ? The investment agreement is expected to be completed by the end of March 2022. Later,  ICICI Bank will hold a 9.49% stake (on a fully diluted basis) in VFSPL through acquisition of  2,29,600 equity shares. ? For the acquisition of shareholding below 10%, the regulatory approval is not required  under Companies Act 1956.