IDFC Financial Holding Company Ltd increases stake in IDFC Bank

IDFC Financial Holding Company Limited, Promoter of IDFC Bank Ltd has purchased 1,48,109 equity shares of the bank for an amount of Rs. 6462618.00 through open market purchase on June 13, 2018.

Prior to this purchase, the entity had 1803612668 equity shares or 52.98% stake in the bank, which has increased to 1803760777 equity shares or 52.99%.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
IDFC Financial Holding Company Limited	1,48,109	June 13, 2018	1803612668 (52.98%)	1803760777 (52.99%)

Shares of IDFC Bank Ltd was last trading in BSE at Rs.43.75 as compared to the previous close of Rs. 42.95. The total number of shares traded during the day was 1023983 in over 2477 trades.

The stock hit an intraday high of Rs. 44.4 and intraday low of 42.95. The net turnover during the day was Rs. 44879709.

Source : Equity Bulls

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