Monday, September 28, 2015

IDFC Bank Ltd.,

SUB. :- Scheme of Arrangement of IDFC Ltd. (Scrip Code 532659)

Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement (Demerger) approved by the Hon’ble High Court of Judicature at Madras, IDFC Ltd., has fixed the Record Date for the purpose of determining entitlement of the shareholders of the Company as per details given below:

COMPANY NAME
CODE
RECORD DATE
PURPOSE
EX-ENTITLEMENT FROM
DATE &
SETT. NO.
IDFC Ltd.
(432659;532659;
632659)
05/10/2015


As per Scheme of Arrangement sanctioned by the Hon’ble High Court of Judicature at Madras, between, IDFC Ltd and IDFC  Bank Ltd : -

Upon the Scheme becoming effective and in consideration of the demerger and transfer of Financing Undertaking of IDFC Ltd into IDFC Bank Ltd, IDFC  Bank shall issue and allot shares credited as fully paid-up to the shareholders of IDFC Ltd. in the following proportion:

“ 1 (ONE) fully paid up equity share of Rs.10/- of IDFC  Bank Ltd. shall be issued and allotted for every 1 (ONE) fully paid up equity share of Rs.10/-  each held in IDFC  Ltd
01/10/2015
DR-128/2015- 2016

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