Brief: IDFC First Bank Says Appointed Date 1 For Amalgamation Of IDFC FHCL Into IDFC Will Be End Of Sep 30

IDFC First Bank

27/09/2024 15:37

Sept 27 (Reuters) - IDFC First Bank Ltd  IDFB.NS :
    * APPOINTED DATE 1 FOR AMALGAMATION OF IDFC FHCL INTO IDFC
WILL BE
END OF SEP 30
    * APPOINTED DATE 2 FOR AMALGAMATION OF IDFC INTO IDFC FIRST
BANK
WILL BE OCT 1
    * PURSUANT TO SCHEME, IDFC FHCL, IDFC STAND DISSOLVED
WITHOUT
WOUND-UP, EFFECTIVE OCT 1
    * PURSUANT TO SCHEME, BANK WILL CONTINUE TO BE MANAGED WITH
ONLY
PUBLIC SHAREHOLDERS, EFFECTIVE OCT 1
    * THERE WILL BE NO CHANGE IN DIRECTORS OR MANAGEMENT OF IDFC
FIRST
BANK PURSUANT TO AMALGAMATION

Source text for Eikon:  ID:nBSE6lQxQf 
Further company coverage:  IDFB.NS 

 ((Reuters.Briefs@thomsonreuters.com;;))