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IDFC First Bank informs about postal ballot notice

20 Feb 2021 Evaluate
IDFC First Bank has informed that the Bank is seeking approval of its Members in respect of the following matter to be passed through Postal Ballot, by way of remote electronic voting (E-voting) only: To approve Raising of Capital through issuance of Equity Shares and/ or other Equity-linked Securities - Special Resolution. In this regard, it has enclosed a copy of Postal Ballot Notice dated February 18, 2021 together with the Explanatory Statement. The Bank has engaged the services of KFIN to provide E-voting facility to its Members. The E-voting period commences from 9.00 am (IST) on Saturday, February 20, 2021 and ends at 5.00 pm (IST) on Sunday, March 21, 2021. The result of the voting will be announced on or before Tuesday, March 23, 2021. The said Postal Ballot Notice will also be made available on the website of the Bank at www.idfcfirstbank.com.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
HDFC Bank 714.20
ICICI Bank 1360.20
Axis Bank 1269.00
Kotak Mahindra Bank 439.00
Indusind Bank 876.00
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