IDFC allots equity shares to QIBs

At Rs 137 per equity share aggregating Rs 1000.10 crore

IDFC announced that the Capital Raise Committee of Directors of the Company has, by a resolution dated 16 September 2014, approved the allotment of 7,30,00,000 (Seven Crore Thirty Lac) Equity Shares at a price of Rs. 137 (Rupees One Hundred and Thirty Seven only) per Equity Share [including a premium of Rs. 127 (Rupees One Hundred and Twenty Seven only) per Equity Share], aggregating to Rs. 1,000.10 crore, to Qualified Institutional Buyers under Chapter VIII of the SEBI Regulations and in accordance with the Companies Act.

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