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First Bank Complete list of announcements declared & dividend announcements by First Bank FRBA

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Announcements and dividends declared by First Bank FRBA

Buy IDFC First Bank; target of Rs 70: Motilal Oswal
Motilal Oswal is bullish on IDFC First Bank recommended buy rating on the stock with a target price of Rs 70 in its research report dated March 02, 2023.
Announcement as on 03 March 2023

IDFC First Bank to raise Rs 2,196 cr via preferential allotment of shares
IDFC First Bank on Saturday said its board has approved allotment of 37.75 crore shares to a subsidiary of IDFC on preferential basis for Rs 2,196 crore. Equity shares of face value of Rs 10 each fully paid-up, on a preferential basis will be issued IDFC F
Announcement as on 04 February 2023

IDFC First Bank jumps over 5% after clarification on exposure to Adani group companies
Adani Group companies extended the selloff to the sixth day after a report by Hindenburg warned of high leverage and fraudulent practices in group companies. Global bankers Citigroup and Credit Suisse stopped accepting securities of Adani companies as coll
Announcement as on 02 February 2023

First Bank (FRBA) Declares [CO].06 Dividend
First Bank said on January 25, 2023 that its board of directors declared a regular quarterly dividend of [CO].06 per share ([CO].24 annualized). Shareholders of record as of February 9, 2023 will receive the payment on February 24, 2023. Previo
Announcement as on 01 February 2023

IDFC Ltd to invest Rs 2,200 crore in IDFC First Bank, up its stake to 40%
IDFC board declares special interim dividend of Rs 11 per share; Govt of India, the firm's largest shareholder, to receive Rs 287 cr payout
Announcement as on 01 February 2023

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