Cyril Amarchand Mangaldas advises IDFC and IDFC Financial preferential allotment of shares by IDFC First Bank

0


Mumbai, Maharashtra, New Delhi, Delhi, India:

Cyril Amarchand Mangaldas advised IDFC Limited (IDFC) and IDFC Financial Holding Company Limited (IDFC Financial), on subscription of shares of IDFC First Bank on preferential allotment basis for a sum of approx. INR. 2,169 crores.

Cyril Amarchand Mangaldas advised on the transaction. The transaction team was led by Anu Tiwari, Partner, Ketaki Mehta, Partner – Gift City; with support from, Kush Wadehra, Senior Associate; and Shobhit Dave, Associate.

The Transaction was closed on 23rd March 2023.

Advertisement