The Board of Directors of IDFC Bank Limited, at its meeting held today viz. January 13, 2018 at Hyderabad, after considering the report of the Audit Committee of IDFC Bank Limited ('Amalgamated Company'), have considered and approved a composite scheme of amalgamation ('Scheme') of Capital First Limited ('Amalgamating Company 1'), Capital First Home Finance Limited ('Amalgamating Company 2') and Capital First Securities Limited ('Amalgamating Company 3') (collectively the 'Amalgamating Companies') with the Amalgamated Company and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ('Amalgamation'). In furtherance to our letter dated January 13, 2018, with respect to approval of proposed Scheme of Amalgamation, we would like to inform you that the Competition Commission of India ('CCI') has, vide its letter dated March 07, 2018 (received by us vide email dated March 08, 2018), intimated that CCI, at its meeting held on March 07, 2018, considered the proposed combination (Comb. Reg. No.: C-2018/02/555) and approved the same under sub-section (1) of Section 31 of the Competition Act, 2002. The order of CCI in this regard will follow. The Scheme remains subject to the receipt of approval from the Reserve Bank of India ('RBI') under the RBI (Amalgamation of Private Sector Banks) Directions, 2016, and other statutory and regulatory approvals, including the approvals of the Stock Exchanges, Securities & Exchange Board of India, the National Company Law Tribunal, and the respective shareholders and creditors of the Amalgamating Companies and the Amalgamated Company. (As Per BSE Announcement Dated On 09/03/2018) IDFC Bank Limited receives Prior Approval of BSE Limited (Trading membership in the Currency Derivative Segment) to the proposed Amalgamation of Capital First Limited, Capital First Home Finance Limited and Capital First Securities Limited with IDFC Bank Limited Receipt of Prior Approval of BSE Limited (Currency Derivative Segment) to the proposed Amalgamation of Capital First Limited, Capital First Home Finance Limited and Capital First Securities Limited with IDFC Bank Limited (As Per BSE Announcement Dated On 15/03/2018) IDFC Bank Limited receives Prior Approval of National Stock Exchange of India Limited (Trading membership in the Currency Derivative Segment) to the proposed Amalgamation of Capital First Limited, Capital First Home Finance Limited and Capital First Securities Limited with IDFC Bank Limited. (As Per BSE Announcement Dated on 26.03.2018) Receipt of Observation Letters with 'No adverse observation' from BSE Limited and 'No-objection' from National Stock Exchange of India Limited to the proposed Amalgamation of Capital First Limited, Capital First Home Finance Limited and Capital First Securities Limited with IDFC Bank Limited. Receipt of Observation Letters with 'No-objection' from National Stock Exchange of India Limited and 'No Adverse Observations' from BSE Limited to the proposed Amalgamation of Capital First Limited, Capital First Home Finance Limited and Capital First Securities Limited with IDFC Bank Limited - Disclosure under Regulation 30(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR') (As per BSE Announcement date on 25/05/2018) Receipt of 'No Objection' from the Reserve Bank of India to the proposed Amalgamation of Capital First Limited, Capital First Home Finance Limited and Capital First Securities Limited with IDFC Bank Limited. Disclosure under Regulation 30(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Receipt of 'No Objection' from the Reserve Bank of India for the proposed Amalgamation of Capital First Limited, Capital First Home Finance Limited and Capital First Securities Limited with IDFC Bank Limited The Board of Directors of IDFC Bank Limited (a subsidiary company of IDFC Limited) had approved the Composite Scheme of Amalgamation of Capital First Limited, Capital First Home Finance Limited and Capital First Securities Limited (collectively the 'Amalgamating Companies') with IDFC Bank Limited ('Amalgamated Company') and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ('Proposed Amalgamation'), subject to receipt of applicable regulatory and other approvals. In this regard, we would like to inform you that RBI has, vide its letter dated June 4, 2018, conveyed its 'No Objection' for the Proposed Amalgamation, subject to compliance with the terms and conditions specified therein. The Scheme remains subject to receipt of approval from the respective shareholders and creditors of the Amalgamated Company and the Amalgamating Companies, NCLT and other statutory and regulatory approvals, if any. (As per BSE Announcement date on 06/06/2018) IDFC Bank Limited has informed the Exchange that This is with reference to letter dated January 13, 2018, informing you about the decision of the Board of Directors of IDFC Bank Limited ('Amalgamated Company') approving the Composite Scheme of Amalgamation of Capital First Limited ('Amalgamating Company 1'), Capital First Home Finance Limited ('Amalgamating Company 2') and Capital First Securities Limited ('Amalgamating Company 3') (collectively the 'Amalgamating Companies') with the Amalgamated Company and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ('Amalgamation'), subject to receipt of applicable regulatory and other approvals. Further the Company informed that the NCLT vide its Order dated July 19, 2018 in Company Scheme Application No. 132 of 2018 has directed to convene meetings of the Secured Creditors, Unsecured Creditors and Equity Shareholders of the Amalgamated Company to approve the Amalgamation on Monday, September 03, 2018. (As per NSE Announcement date on 23/07/2018) This is to inform you that as per the Order of National Company Law Tribunal, Chennai Bench ('NCLT'), dated July 19, 2018, a Meeting of the Equity Shareholders of IDFC Bank is scheduled to be held on Monday, September 03, 2018 at 2:00 p.m. at the Music Academy, T.T.K Auditorium (Main Hall), Near Acropolis Building, New No. 168 (Old No. 306), T.T.K. Road, Royapettah, Chennai - 600 014, Tamil Nadu, India, to consider and if thought fit, approving, with or without modification(s), the Composite Scheme of Amalgamation of Capital First Limited and Capital First Home Finance Limited and Capital First Securities Limited with IDFC Bank Limited and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. Accordingly, Notice for the Meeting of Equity Shareholders is attached herewith and is also available on the Bank's Website at: https://www.idfcbank.com/investor-relations/merger.html. (As per BSE Announcement date on 28/07/2018) Order dated August 10, 2018 received today i.e. on August 28, 2018 from the National Company Law Tribunal, Mumbai Bench ('NCLT') for convening meetings of respective shareholders and creditors. Disclosure under Regulation 30(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR') (As Per BSE Announcement Dated On 28/08/2018) This is in continuation to our letter dated July 28, 2018. We wish to inform you that as per Order dated July 19, 2018 of the Hon'ble NCLT, Chennai Bench, meetings of the Secured & Unsecured Creditors of IDFC Bank were held on September 3, 2018 at 10.00 a.m. & 11.30 a.m. respectively at Chennai. The meetings were held for approval of the aforesaid creditors of IDFC Bank to the Composite Scheme of Amalgamation of Capital First Limited & Capital First Home Finance Limited & Capital First Securities Limited with IDFC Bank Limited and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. In this regard, please find enclosed proceedings of the meetings of the Secured and Unsecured Creditors along with Scrutinizers Reports on the results of the meetings. This is to inform you that the aforesaid resolution for Amalgamation was passed with requisite majority by the Secured & Unsecured Creditors of IDFC Bank. (As Per BSE Announcement Dated on 04.09.2018) Newspaper Advertisement on date of hearing of Petition for sanction of the Scheme of Amalgamation This is in reference to the Composite Scheme of Amalgamation of Capital First Limited and Capital First Home Finance Limited and Capital First Securities Limited with IDFC Bank Limited and their respective shareholders and creditors under Sections 230 to 232 of the Companies Act, 2013. IDFC Bank has filed a Petition with the Hon''ble NCLT, Chennai Bench on September 17, 2018 for sanction of the Scheme of Amalgamation. We would like to inform you that the Petition is fixed for final hearing on Wednesday, December 5, 2018 before the Hon'ble Tribunal at 10.30 a.m. or soon thereafter. As per the directions of the Hon'ble NCLT, the Bank advertised the notice of hearing of the Petition in two newspapers viz. 'Hindu Business Line' (All India Edition) and 'Makkal Kural' (Chennai Edition) on November 17, 2018. Newspaper clippings are attached herewith for your information and records. (As Per BSE Announcement Dated on 20.11.2018) Approval of the National Company Law Tribunal to the Composite Scheme of Amalgamation of Capital First Limited, Capital First Home Finance Limited and Capital First Securities Limited with IDFC Bank Limited and their respective shareholders and creditors pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 This is with reference to our letter dated January 13, 2018, informing you about the decision of the Board of Directors of Capital First Limited ('Amalgamating Company 1' or 'Company') approving the Composite Scheme of Amalgamation of the Company, Capital First Home Finance Limited ('Amalgamating Company 2') and Capital First Securities Limited ('Amalgamating Company 3') (collectively the 'Amalgamating Companies') with IDFC Bank Limited ('Amalgamated Company'/ 'IDFC Bank') and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ('Amalgamation'), subject to receipt of applicable regulatory and other approvals. In this regard, we are pleased to inform you that the Hon'ble National Company Law Tribunal, Mumbai Bench post the conclusion of the final hearing with respect to the Company Scheme Petition no. 3925 of 2018 jointly filed by the Amalgamating Companies (that took place on December 6, 2018), has sanctioned the Scheme and has approved the 'Appointed Date' of the Scheme to be October 01, 2018. Order of the Hon'ble National Company Law Tribunal, Mumbai Bench is attached for your record. Further, please take note that the Hon'ble National Company Law Tribunal, Chennai bench post the conclusion of the final hearing with respect to the Company Scheme Petition no. CP/219/CAA/2018, filed by IDFC Bank, (that took place on December 05, 2018) has also sanctioned the Scheme. The Scheme will become effective once the orders of both the benches of the Hon'ble NCLT are filed with the respecti (As Per BSE Announcement Dated on 13.12.2018) Sub.: IDFC Bank - Outcome of Board Meetings held on December 18, 2018 This is in continuation of our letter dated December 13, 2018 wherein we had intimated that the Composite Scheme of Amalgamation of Capital First Limited, Capital First Home Finance Limited and Capital First Securities Limited (collectively referred to as 'Amalgamating Companies') with IDFC Bank Limited ('Amalgamated Company') and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ('Scheme') had been approved by the Hon'ble NCLT, Chennai Bench and Hon'ble NCLT, Mumbai Bench on December 12, 2018 and December 13, 2018, respectively. This is to inform you that the Meetings of the Board of Directors ('Board') of IDFC Bank Limited ('IDFC Bank' or 'the Bank') were duly convened today and the said Board inter alia took note and approved the attached matters. Intimation of Record Date fixed by IDFC Bank to determine the entitlement of shareholders of Capital First Limited to the equity shares of IDFC Bank pursuant to effectiveness of the Composite Scheme of Amalgamation of Capital First Limited, Capital First Home Finance Limited and Capital First Securities Limited with IDFC Bank Limited ('IDFC Bank') and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. ('Scheme') The Board of Directors of the IDFC Bank, considering that the Scheme becoming effective from December 18, 2018, has approved and fixed, Monday, December 31, 2018 as the 'Record Date' for determining the shareholders of Capital First Limited who would be entitled to receive shares of the Bank under the approved Scheme. (As Per BSE Announcement Dated on 18.12.2018) Trading members of the Exchange are hereby informed that, pursuant to the Scheme of Amalgamation as sanctioned by the Chennai Bench of the Hon'ble National Company Law Tribunal, inter alia, between Capital First Ltd (Amalgamating Company) and IDFC Bank Limited(Amalgamated Company), IDFC Bank Ltd has fixed the Record Date to determine the entitlement of shareholders of Capital First Ltd to equity shares of IDFC Bank Limited. Trading Members are advised not to deal in the equity shares of Capital First Ltd with effect from the under mentioned date: COMPANY NAME CODE Capital First Ltd -532938 RECORD DATE 31/12/2018 PURPOSE Scheme of Amalgamation: - Upon the Scheme becoming effective and in consideration of the Amalgamation, transfer and vesting of the Amalgamating Undertaking of Capital First Ltd with IDFC Bank Limited, IDFC Bank Limited shall issue and allot Equity Shares to the shareholders of Capital First Ltd in the following share exchange ratio: '139 (ONE HUNDRED AND THIRTY NIne) equity shares Fully Paid Up of IDFC Bank Limited for every 10 (TEN) equity Shares of Rs. 10/- each held in CAPITAL FIRST LTD.' NO DEALINGS FROM W.E.F. 28/12/2018 DR-187/2018-2019 Subject to compliance with requisite formalities the New Shares to be issued and allotted by IDFC Bank Limited may be listed on BSE Limited. Trading Members of the Exchange are requested to take note of it. (As Per BSE Notice Dated on 20.12.2018) Allotment of 137,71,09,057 equity shares of IDFC Bank Limited to the eligible equity shareholders of Capital First Limited pursuant to the Composite Scheme of Amalgamation of Capital First, Capital First Home Finance Limited and Capital First Securities Limited with IDFC Bank Limited and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (As Per BSE Announcement Dated On 05/01/2019)