IDFC Share Price

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Here's why IDFC, IDFC First Bank shares jumped up to 5% on Wednesday

Dear Sir/MadamIn view of the proposed Board Meeting of IDFC FIRST Bank Limited (the Bank / IDFC FIRST Bank) scheduled to be held on Saturday February 04 2023 and pursuant to the IDFC Code of Conduct for Prohibition of Insider Trading in shares of the Company the Trading Window shall remain closed for dealing in the equity shares of IDFC Limited and IDFC FIRST Bank for all the Board Members and Employees and their respective Dependent Family Members from Thursday February 02 2023 till Sunday February 12 2023 (both days inclusive) and shall re-open thereafter i.e. February 13 2023. Kindly take note of the same.

Dear Sir/ MadamPursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find attached a copy the press release as Annexure -1.The above information is also available on the website of the Company: www.idfclimited.com Kindly take the aforesaid on record.

Dear SirsPursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find attached a copy of the presentation on the financials for the quarter and nine months ended December 31 2022.This is for your information and records

In continuation to our letter dated January 25 2023 and in compliance with Regulation 29 and 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that the Board of the Directors of the IDFC Limited (IDFC or the Company) at its meeting held today i.e. February 01 2023 has considered and declared a Special Interim Dividend of 110% i.e. Rs. 11 per equity share of the Company. Total amount of dividend payout would be appx. Rs. 1760/- crores.Please note that the Special Interim Dividend shall be payable to all those equity shareholders whose names appear in the Register of Members of the Company as at close of day on February 13 2023 being the record date for the purpose of the aforesaid Special Interim Dividend. Please note that Special Interim Dividend will be paid to eligible shareholders on or after February 24 2023.

Dear SirsIn continuation to our letter dated January 31 2023 about Completion of divestment of IDFC Asset Management Company Limited and IDFC AMC Trustee Company Limited (IDFC MF) for INR 4500 crores to the consortium comprising Bandhan Financial Holdings Limited Lathe Investment Pte. Ltd. (affiliate of GIC) Tangerine Investments Limited and Infinity Partners (affiliates of ChrysCapital) we wish to update that with this we have completed the corporate restructuring and simplification and now we are left with investment in IDFC Financial Holding Limited (IDFC FHCL) and in IDFC First Bank Limited.A. Utilisation of funds received on sale of IDFC MF. B. Way Forward