IDBI Bank has informed that its Registrar & Transfer Agent, viz., Karvy Computershare Pvt. Ltd. (KPCL) has informed vide e-mail dated November 28, 2018 that pursuant to Order of the Hyderabad Bench of the National Company Law Tribunal (NCLT Order), the operations of KCPL have been transferred to Karvy Fintech with effect from November 17, 2018. The bank has further informed that, pursuant to the NCLT Order, all the existing agreements to which KCPL is a party including the Agreement entered into by the bank with KPCL shall be in full force and vest with Karvy Fintech. The above intimation is in terms of the provisions of Regulations 30, 62 & 68 of SEBI (LODR) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.
