Corporate News 06-Aug-20
Federal Bank signs agreement to acquire up to 4% stake in IDBI Federal Life Insurance Co.
Federal Bank has entered into an agreement to purchase up to 4% stake in IDBI Federal Life Insurance Co., from IDBI Bank at a price not exceeding Rs.27.56 per equity share. The transaction is subject to regulatory approvals. The Bank currently holds 26% stake in IFLIC, making it an Associate of the Bank. Post purchase, the total stake will increase up to 30%.
Previous News
Federal Bank Ltd rises for third straight session
( Hot Pursuit - 01-Oct-24 13:05 )
Federal Bank allots 8.25 lakh equity shares under ESOS
( Corporate News - 19-Sep-24 19:20 )
Federal Bank allots 3.49 lakh equity shares under ESOS
( Corporate News - 09-Sep-24 12:48 )
Federal Bank allots 2.75 lakh equity shares under ESOS
( Corporate News - 03-Sep-24 15:39 )
Federal Bank Ltd eases for fifth straight session
( Hot Pursuit - 29-Aug-24 13:35 )
Bank of Baroda Slides 0.48%
( Hot Pursuit - 28-Aug-24 09:30 )
Federal Bank allots 2.24 lakh equity shares under ESOS
( Corporate News - 21-Aug-24 12:23 )
Federal Bank allots 5.94 lakh equity shares under ESOS
( Corporate News - 13-Aug-24 18:57 )
Federal Bank Ltd soars 1.62%, rises for fifth straight session
( Hot Pursuit - 13-Aug-24 13:00 )
Federal Bank schedules AGM
( Corporate News - 12-Aug-24 13:58 )
Federal Bank Ltd soars 1.38%, Gains for third straight session
( Hot Pursuit - 09-Aug-24 13:05 )
Other Stories
Tata Motors records 12% decline in Q2 sales
01-Oct-24 18:04
Tata Motors records 15% decline in September sales
01-Oct-24 17:55
Man Infra set to launch its highly anticipated Vile Parle project
01-Oct-24 17:48
Padam Cotton Yarns to declare Quarterly Result
01-Oct-24 17:39
Blueblood Ventures schedules board meeting
01-Oct-24 17:39
CRISIL to discuss results
01-Oct-24 17:39
Indian Renewable Energy Deve. Agency to convene board meeting
01-Oct-24 17:39
Ashapuri Gold Ornament schedules board meeting
01-Oct-24 17:38
Bijoy Hans to conduct board meeting
01-Oct-24 17:38
RS Software (India) to announce Quarterly Result
01-Oct-24 17:38
Back
Top