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(31/10/2018 09:44)

IDFC L - Diversification/Disinvestment

IDFC Limited has informed the Exchange that IDFC Limited, IDFC Financial Holding Company Limited (??IDFC FHCL??) and IDFC Infrastructure Finance Limited ("IDFC IFL") have entered into a Definitive Agreement with National Investment and Infrastructure Fund II ("NIIF II"). Pursuant to the said Agreement, NIIF II shall acquire controlling interest in IDFC IFL from IDFC FHCL. The said acquisition will conclude on the receipt of the requisite regulatory approvals as applicable, including RBI.