Fund raising plans announced by IDFC First…
In this regard, we would like to inform you that during the aforementioned meeting, the Board will discuss and consider a proposal to raise funds in the next 1 (one) year from date of ensuing Annual General Meeting (“AGM”) of the Bank. This will be achieved through the issuance of equity shares or other equity-linked securities using various permissible modes, in accordance with the provisions of the applicable laws.
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