[Donation of entire equity stake held in IDFC Foundation by IDFC ] www.bseindia.com/xml-data/corpfiling/AttachLive/ec851632-fa39-4c8c-9edb-b6896dc59729.pdf
With this step, I think, IDFC has ticked all the boxes necessary to seek approval of RBI for the reverse merger with IDFC First Bank. AMC sale just needs the approval of SEBI which may also come through quickly.
Disc: Shifted entire investment in IDFC first bank to IDFC and app. 10% holding
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