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IDFC First Bank allots CCPS aggregating Rs 4,876 cr to Currant Sea Investments B.V.

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On preferential basis

IDFC First Bank has today, i.e., on 01 August 2025, approved the preferential allotment of 81,26,94,722 compulsorily convertible cumulative preference shares (CCPS) of face value of Rs 10/- each fully paid-up, at an issue price of Rs 60/- per CCPS to Currant Sea Investments B.V., aggregating to Rs 4,876 crore.

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First Published: Aug 01 2025 | 3:38 PM IST

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