Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Company News

IDFC First Bank Ltd
IDFC First Bank allots CCPS aggregating Rs 4,876 cr to Currant Sea Investments B.V.
Aug 01,2025
IDFC First Bank has today, i.e., on 01 August 2025, approved the preferential allotment of 81,26,94,722 compulsorily convertible cumulative preference shares (CCPS) of face value of Rs 10/- each fully paid-up, at an issue price of Rs 60/- per CCPS to Currant Sea Investments B.V., aggregating to Rs 4,876 crore.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise