IDFC LIMITED - Outcome Of 173Rd Board Meeting Of IDFC Limited

Download	< Back
21 Mar 2023
In continuation to our letter dated December 30, 2021, we wish to inform you that all the stages of Corporate Simplifications have now been completed. The next step is the Amalgamation with IDFC FIRST Bank Limited. Towards this step, the Board of Directors ('the Board') of IDFC Limited ('the Company') and IDFC Financial Holding Company Limited ('IDFC FHCL'), at their respective meetings held on March 18, 2023, have approved: a. Appointment of SSPA & Co., Chartered Accountants as registered valuer for recommendation of fair share exchange ratio; b. Appointment of Axis Capital Limited for issuance of fairness opinion on the share exchange ratio; c. Appointment of Cyril Amarchand Mangaldas - Law Firm for conducting legal due diligence, drafting and finalizing scheme of amalgamation and filing regulatory applications. We propose to complete aforesaid Amalgamation during financial year barring unforeseen circumstances.
View all announcements for IDFC LIMITED	Source: BSE India

Stocks	Mutual Funds		Investment tracking
A-Z Gainers - Daily \| Weekly \| Monthly Losers - Daily \| Weekly \| Monthly Group-wise listing IPO \| Top IPOs Recent IPOs \| IPO News Similar Price band Most traded - By volumes Top 100 - By market capitalisation Latest Company Results Management Speaks Market News	Top 25 schemes High-risk, High-returns Medium-risk, Medium-returns Low-risk, Low-returns Gilt Funds Funds of Funds Special Funds Liquid Funds Dynamic Asset Allocation NFOs MF Selector	Equity - ELSS Equity - Index Funds Equity - Sector Funds Equity - Balance Fund Equity - Diversified Fund MF News Budget 2024	My Portfolio My Watch List If You Had Invested... Global Indicators Forex Converter Market Indices Sectoral Indices World Indices Market Astrology Advertise with us