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News Details

IDFC L - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Req

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27/07/2021 18:29
Further to our disclosure dated November 20, 2020 under SEBI Listing Regulations, we wish to inform you that IDFC FIRST Bank Limited ('the Bank') has subscribed to 50,000 Equity Shares of face value of Rs. 10/- each fully paid-up of IBBIC Private Limited ('IBBIC') for a consideration of Rs. 10 per equity share constituting 5.55% of the issued and paid-up capital of IBBIC.

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations, and SEBI circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015, we wish to provide the requisite disclosure.