Corporate Announcement
Security Code : 500116    Company : IDBI    
Announcement under Regulation 30 (LODR)-Open Offer - UpdatesDownload PDF Download XBRL
  Exchange Received Time  11/10/2018 15:56:57         Exchange Disseminated Time   10/11/2018 3:57:02 PM              Time Taken   00:00:05
IDBI Bank is in receipt of a Detailed Public Statement
dated October 10, 2018 (copy enclosed) from LIC published in Financial Express,
Jansatta and Nayshakti newspapers on October 11, 2018 as part of the Open offer
process as per SEBI (SAST) Regulations, 2011 for acquisition of 2,04,15,12,929 fully
paid-up equity shares of face value of 10 (Indian Rupees ten) each representing
26% of the fully diluted voting equity share capital of IDBI Bank Limited from the
Equity shareholders of IDBI Bank, in connection with LIC''s acquisition of 51%
Controlling stake in IDBI Bank.


Back To Announcements