IDBI Bank Ltd has informed BSE that the Board of Directors of the Bank at its meeting held on September 09, 2010, have given in-principle approval to the proposal for merger of IDBI Gilts Ltd. (a 100% unlisted subsidiary of IDBI BankLtd.) with IDBI Bank Ltd. IDBI Bank Ltd has informed BSE that the Board of Directors of the Bank at its meeting held on December 03, 2010, have approved: 1. Draft Scheme of Amalgamation of IDBI Gilts Limited (a 100% unlisted subsidiary of IDBI Bank Ltd) with IDBI Bank Ltd. in accordance with Sections 391 to 394 of the Companies Act, 1956; and The proposed Schemes of Amalgamation are further subject to the approval by the requisite majority of the shareholders of the Bank and sanctions and orders being obtained from the Ministry of Corporate Affairs, Government of India, apart from any other Statutory and Regulatory Authority. (As Per BSE Announcement Dated on 02.13.2010) IDBI Bank Ltd has informed BSE that the Ministry of Corporate Affairs, Government of India, vide their letter dated February 14, 2011, have forwarded a certified true copy of the Ministry order dated February 11, 2011 in connection with 1st hearing held on February 09, 2011 on the scheme of amalgamation of IDBI Home Finance Ltd. and IDBI Gilts Ltd. (wholly owned subsidiaries of IDBI Bank Ltd.) with IDBI Bank Ltd under Sections 391-394 of the Companies Act, 1956. (As Per BSE Announcement Website dated on 28.02.2011) IDBI Bank Ltd has informed BSE that the Ministry of Corporate Affairs, Government of India, have issued the final order dated April 08, 2011 approving the scheme of amalgamation of IDBI Home Finance Limited and IDBI Gilts Limited (wholly owned subsidiaries of IDBI Bank Ltd.) with IDBI Bank Limited under Sections 391-394 of the Companies Act, 1956. As per the aforesaid final order, the said scheme of amalgamation has become effective from January 01, 2011, i.e., the Appointed Date. (As Per BSE Announcement Dated on 15.04.2011) IDBI Bank Ltd has informed BSE that consequent upon Govt. of India's approval dated April 08, 2011 on the amalgamation of IDBI Gilts Ltd. with IDBI Bank Ltd., Reserve Bank of India has vide their letter dated April 19, 2011 approved the transfer of Primary Dealership Business from IDBI Gilts Ltd. to IDBI Bank Ltd. Hence, IDBI Bank Ltd has been authorised to undertake Primary Dealer business in Government securities market with effect from April 20, 2011 and, concomitantly, the authorisation given to IDBI Gilts Ltd, as Primary Dealer stands withdrawn. (As Per BSE Announcement Website dated on 20.04.2011)