Trading members of the Exchange are hereby informed that, pursuant to the Scheme of Amalgamation as sanctioned by the Chennai Bench of the Hon’ble National Company Law Tribunal, inter alia, between Capital First Ltd (Amalgamating Company) and IDFC Bank Limited(Amalgamated Company), IDFC Bank Ltd has fixed the Record Date to determine the entitlement of shareholders of Capital First Ltd to equity shares of IDFC Bank Limited.
Trading Members are advised not to deal in the equity shares of Capital First Ltd with effect from the under mentioned date:
COMPANY NAME
CODE
|
RECORD DATE
|
PURPOSE
|
NO DEALINGS
FROM
W.E.F.
|
Capital First Ltd
(532938)
|
31/12/2018
|
Scheme of Amalgamation: -
Upon the Scheme becoming effective and in consideration of the Amalgamation, transfer and vesting of the Amalgamating Undertaking of Capital First Ltd with IDFC Bank Limited, IDFC Bank Limited shall issue and allot Equity Shares to the shareholders of Capital First Ltd in the following share exchange ratio:
“139 (ONE HUNDRED AND THIRTY NIne) equity shares Fully Paid Up of IDFC Bank Limited for every 10 (TEN) equity Shares of Rs. 10/- each held in CAPITAL FIRST LTD.”
|
28/12/2018
DR-187/2018-2019
|
Subject to compliance with requisite formalities the New Shares to be issued and allotted by IDFC Bank Limited may be listed on BSE Limited.
Trading Members of the Exchange are requested to take note of it.
Mangesh Tayde
Senior Manager –Listing Operations (CRD)
December 20, 2018 |