ICICI Securities Limited is an integrated technology-based securities company. The Company offers a range of services, including retail and institutional broking, financial products distribution, private wealth management, and issuer and advisory services. The Company’s segments include Treasury, Broking & distribution and Issuer services & advisory. Its Treasury segment includes income from treasury and investment. Its Broking & distribution segment includes broking and other related activities; distribution of third party products, such as mutual fund, life insurance and others, and sales credit for referred business and interest earned on its funds used in brokerage business. Its Issuer services & advisory segment includes financial advisory services, such as equity-debt issue management services, merger and acquisition advice and other related activities. The Company’s subsidiaries include ICICI Securities, Inc. and ICICI Securities Holdings, Inc.