FilingReader Intelligence
IDFC FIRST Bank raises ₹4,876 crore from foreign investor
August 1, 2025 at 07:49 AM UTC•By 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:IDFCFIRSTB•Bombay Stock Exchange
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