Thu, Oct 10, 2024
The shares were acquired at an average price of Rs 107.92 apiece, taking the transaction value to Rs 87.94 crore.
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Sat, May 18, 2024
As part of the composite scheme of amalgamation, IDFC FHCL would first merge with IDFC and then IDFC into IDFC First Bank Ltd.
Tue, Jul 04, 2023
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.
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