IDFC First Bank Sets Landmark Record Date for Scheme of Amalgamation | Transformative Capital Market News

IDFC First Bank Sets Record Date for Share Allotment Amidst Amalgamation Process

Last Updated: Sep 28, 2024 | 10:50 AM IST

IDFC First Bank has announced October 10, 2024, as the record date to determine the shareholders of IDFC Limited eligible for receiving shares of IDFC First Bank. This allotment is part of the ongoing Scheme of Amalgamation, which includes the merger of IDFC Financial Holding Company Limited into IDFC Limited, and subsequently, IDFC Limited into IDFC First Bank Limited.

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First Published: Sep 28, 2024 | 10:36 AM IST

Original Story https://www.business-standard.com/markets/capital-market-news/idfc-first-bank-fixes-record-date-for-scheme-of-amalgamation-124092800197_1.html
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