Idfc First Bank Announces Completion Of Merger With Idfc

IDFC First Bank completed its merger with IDFC Limited, effective October 1, 2024, following necessary approvals. Shareholders will receive 155 bank shares for every 100 IDFC shares. The merger...

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Furthermore, the National Company Law Tribunal (NCLT) in Chennai approved the amalgamation scheme on September 25, 2024. IDFC stated that the merger of IDFC FHCL with IDFC Limited will take effect on September 30, 2024, while the merger of IDFC Limited with IDFC FIRST Bank will be effective from October 1, 2024. This aspect of Idfc First Bank Announces Completion Of Merger With Idfc plays a vital role in practical applications.

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Furthermore, the National Company Law Tribunal (NCLT) in Chennai approved the amalgamation scheme on September 25, 2024. IDFC stated that the merger of IDFC FHCL with IDFC Limited will take effect on September 30, 2024, while the merger of IDFC Limited with IDFC FIRST Bank will be effective from October 1, 2024. This aspect of Idfc First Bank Announces Completion Of Merger With Idfc plays a vital role in practical applications.

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