IDFC First Bank has informed that in line with disclosure requirements of SEBI (Prohibition of Insider Trading) Regulations, 2015, and with regard to the submission to Stock Exchanges today under Regulation 7(2) read with Regulation 6(2), Rukmani Social Welfare Trust, where V Vaidyanathan, Managing Director and CEO of the Bank is a Trustee, has sold 60,500 equity shares of IDFC First Bank and the end use of the same is charitable/ philanthropic purposes. It is informed that the said equity shares were part of the shares donated to Rukmani Social Welfare Trust by V. Vaidyanathan in January 2018 and disclosure for the same was made accordingly.
The above information is a part of company’s filings submitted to BSE.
