IDFC First Bank share hits 52-week high on second day in a row. Buy or sell?
IDFC First Bank share price has been in uptrend after announcement of strong Q4 results29-05-2023
29-05-2023
IDFC First Bank Ltd - 539437 - Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform that ICRA Limited has upgraded the existing rating of the Bank's Non-Convertible Debentures ('NCDs') amounting to ? 25,302.70 crore from '[ICRA] AA (Stable)' to '[ICRA] AA+ (Stable)'. ICRA has also withdrawn the rating outstanding on the matured NCDs amounting to ? 511.00 crore as these are fully redeemed and no amount is outstanding against the same.23-05-2023
IDFC First Bank Ltd - 539437 - Schedule Of Analysts / Institutional Investors Meet(S)
Pursuant to the applicable provisions of the SEBI Listing Regulations, please find attached the schedule of Analysts / Institutional Investors meets.23-05-2023
IDFC First Bank Ltd - 539437 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith Annual Secretarial Compliance Report of the Bank for the Financial Year ended March 31, 2023, issued by Makarand M. Joshi & Co., Practicing Company Secretaries.22-05-2023
IDFC First Bank Ltd - 539437 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We wish to inform that the 'Allotment, Transfer & Routine Matters Committee' of the Bank has on May 20, 2023, approved the allotment of 62,99,713 equity shares of face value of ? 10/- each fully paid-up to eligible employees of the Bank upon exercise of Stock Options vested with them under the 'IDFC FIRST Bank ESOS'. These equity shares shall rank pari- passu with the existing equity shares of the Bank in all respects. Post allotment, the issued and paid-up equity share capital of the Bank stands increased from ? 66,19,14,48,510/- comprising of 6,61,91,44,851 equity shares of ? 10/- each fully paid-up to ? 66,25,44,45,640/- comprising of 6,62,54,44,564 equity shares of ? 10/- each fully paid-up.21-05-2023
NCLAT closes Insolvency case against Marvel Realtors & Developers
The National Company Law Appellate Tribunal (NCLAT) has closed the Corporate Insolvency Resolution Process (CIRP) against Marvel Realtors & Developers Ltd after taking on record settlement with its financial creditor. A two-member bench of NCLAT headed by Chairperson Ashok Bhushan said that the realtor has submitted a settlement letter dated 08th May 2023 with its financial creditor IDFC First Bank. "We take the settlement letter dated 8th May 2023 on record, close the CIRP against the Corporate Debtor setting aside the Order dated December 23, 2022," said NCLAT order. Moreover, it also rejected the plea of Catalyst Trusteeship, which had filed an intervention application opposing the withdrawal of CIRP against Marvel Realtors & Developers. "Intervener is at liberty to take its own proceeding in accordance with the law to protect it," it said. The appellate tribunal observed that in the present case, a Committee of Creditors (CoC) has not yet been constituted and rejected the16-05-2023
IDFC First Bank Ltd - 539437 - Grant Of Stock Options Under ''IDFC FIRST Bank Limited Employee Stock Option Scheme''
The Nomination & Remuneration Committee of the Bank has on May 12, 2023, approved the grant of 18,00,000 stock options of the Bank under 'IDFC FIRST Bank Limited Employee Stock Option Scheme' to eligible employees, in compliance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 ['SEBI (SBEB & SE) Regulations'] The Exercise Price of the aforesaid stock options have been determined in accordance with the SEBI (SBEB & SE) Regulations and the said stock options will vest equally over a period of five years (viz. 20% each year) with an exercise period of 3 years from date of respective vesting.13-05-2023
IDFC First Bank Ltd - 539437 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed the transcript of the earnings call for the quarter and financial year ended March 31, 2023 conducted after the meeting of Board of Directors held on April 29, 2023, for your information and records. The above information is also available on the Bank's website at the following link: https://www.idfcfirstbank.com/content/dam/idfcfirstbank/pdf/financial-results/Transcript-IDFC-FIRST-Bank-Conference-Call-FY23-29th-April-2023.pdf06-05-2023
Buy IDFC First Bank; target of Rs 75: Geojit
Geojit is bullish on IDFC First Bank has recommended buy rating on the stock with a target price of Rs 75 in its research report dated May 03, 2023.05-05-2023
Buy IDFC First Bank; target of Rs 75: Motilal Oswal
Motilal Oswal is bullish on IDFC First Bank recommended buy rating on the stock with a target price of Rs 75 in its research report dated April 30, 2023.02-05-2023