IDFC LIMITED - Clarification/Confirmation On News Item Appearing In Economic Times -Today

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16 Nov 2022
Dear Sirs/Madam, This is with reference to the news article in economic times- Mumbai on November 16, 2022 captioned 'IDFC Merger may be Delayed on Fair Value Issue'. In this regard we would like to clarify and state as under: The abovementioned article is baseless, false and misleading and from 'unidentified sources'. These are all media speculations and do not serve the purpose of corporate governance for listed companies. We wish to reiterate that the Company is committed to its ongoing corporate restructuring plan to enhance shareholders'' value. At this point, there is nothing that requires disclosure and we cannot and do not comment on market speculation. We hope the above clarifies.
View all announcements for IDFC LIMITED	Source: BSE India

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