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Exchange FIling March 21 Provisional Number
IDFCFIRSTBANK/SD/10/2021-22 April 06, 2021
| To National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East) Mumbai – 400 051. Tel No.: 022 – 2659 8237/ 38 NSE - Symbol – IDFCFIRSTB |
To BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001. Tel No.: 022 – 2272 2039/ 37/3121 BSE- Scrip Code: 539437 |
Dear Madam/Sir,
SUB: Qualified institutions placement of equity shares of face value ₹ 10 (the “Equity Share(s)”) by IDFC FIRST Bank Limited (the “Bank”) under the provisions of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”), and Sections 42 and 62 of the Companies Act, 2013 (including the rules made thereunder), as amended (the “Issue”)
In continuation of our letter no. IDFCFIRSTBANK/SD/331/2020-21 dated March 30, 2021 on the captioned subject, we wish to inform that the Capital Raising Committee of the Board of Directors of the Bank (“Capital Raising Committee”) at its meeting held today, i.e., April 06, 2021, approved the issue and allotment of 52,31,03,660 Equity Shares of face value of ₹ 10 each to qualified institutional buyers at an issue price of ₹ 57.35 per Equity Share (including a premium of Rs. 47.35 per Equity Share), aggregating to Rs. 3,000 crore (Rupees Three Thousand Crore) (approx.), pursuant to the Issue.
The Issue opened on March 30, 2021 and closed on April 06, 2021 and the same was intimated to you through our letters dated March 30, 2021 and April 06, 2021, respectively.
Pursuant to the allotment of Equity Shares in the Issue, the paid-up Equity Share capital of the Bank stands increased from ₹ 5675,84,98,550 consisting of 567,58,49,855 Equity Shares to ₹ 6198,95,35,150 consisting of 619,89,53,515 Equity Shares of face value ₹ 10 each. The shareholding pattern of the Bank before and after the Issue, will be submitted along with listing application in the format specified in Regulation 31 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”).
Further, the list of allottees who have been allotted more than five percent (5 %) of the Equity Shares in the Issue is enclosed herewith as Annexure 1.
We request you to kindly take the above on record and the same be treated as compliance under the applicable regulations of the SEBI Listing Regulations.
Thanking you,
For IDFC FIRST Bank Limited
Satish Gaikwad
Head – Legal & Company Secretary
Encl.: As above
Annexure 1
List of allottees who have been allotted more than 5% of the Equity Shares offered in the Issue
| Sr. No. | Name of the Allottee | No. of Equity Shares Allotted | % of total Equity Shares offered in the Issue |
|---|---|---|---|
| 1. | BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD | 62,685,260 | 11.98 |
| 2. | BAILLIE GIFFORD EMERGING MARKETS EQUITIES FUND | 59,574,979 | 11.39 |
| 3. | BAILLIE GIFFORD PACIFIC FUND A SUB FUND OF BAILLIE GIFFORD OVERSEAS GROWTH FUNDS | 46,792,068 | 8.95 |
| 4. | BNP PARIBAS ARBITRAGE - ODI | 45,074,080 | 8.62 |
| 5. | CITY OF NEW YORK GROUP TRUST | 44,606,692 | 8.53 |
| 6. | BAILLIE GIFFORD EMERGING MARKETS GROWTH FUND A SUB FUND OF BAILLIE GIFFORD OVERS | 35,524,397 | 6.79 |
| 7. | HDFC LIFE INSURANCE COMPANY LIMITED | 34,873,580 | 6.67 |
| 8. | TATA AIA LIFE INSURANCE CO LTD-WHOLE LIFE MID CAP EQUITY FUND-ULIF 009 04/01/07 | 30,514,380 | 5.83 |
IDFC FIRST Bank Limited
Naman Chambers, C 32, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051. Tel: +91 22 7132 5500 Fax: +91 22 2654 0354
Registered Office: KRM Towers, 7th Floor, No.1, Harrington Road, Chetpet, Chennai - 600 031. Tel: +91 44 4564 4000 Fax: +91 44 4564 4022
CIN: L65110TN2014PLC097792 bank.info@idfcfirstbank.com www.idfcfirst.bank.in
