We wish to inform you that 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.<BR> <BR> The details, as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/ CFD/ CMD/4/ 2015 dated September 9, 2015 are given as Annexure.<BR> <BR> You are requested to kindly take the above intimation on record in terms of the provisions of Regulation 30 of SEBI (LODR) Regulations, 2015
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