CAPF IDFCBANK merger

[Nakul]

answered here.

Effect of CAPF and IDFC merger?

On the effect of the scheme of amalgamation, the board of directors conduct a meeting and approve the allotment of shares in the transferee company. The board of IDFC Bank conducted a Meeting of Allotment on 05/01/2018 and have approved the allotment of shares as per the share exchange ratio in the terms of the scheme (139 shares in IDFC Bank for every 10 shares in Capital First). These shares should be allotted to you by this week. The new shares will be credited in your demat account with a t…