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IDFC FIRST Bank raises ₹4,876 crore from foreign investor

August 1, 2025 at 07:49 AM UTCBy FilingReader AI

IDFC FIRST Bank's board approved the allotment of 81.27 crore convertible preference shares to Currant Sea Investments B.V. at ₹60 per share, raising ₹4,876 crore.

The preferential issue to the Dutch investor received stock exchange approvals in May.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:IDFCFIRSTBBombay Stock Exchange

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