IDFC First Bank and IDFC Ltd Merger: What does it mean for shareholders?
The merger of IDFC First Bank and IDFC Ltd is a significant development for shareholders of both companies. The merger ratio has been finalized at 155:100, and the book value per share is expected to increase by 4.9% post-merger. Shareholders of both companies will need to decide whether or not to approve the merger.
Written By: Zee Business Video Team