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4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  IDFC Ltd    IDFC   INE043D01016

IDFC LTD (IDFC)
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IDFC : SHRIRAM GROUP EXTEND MERGER EVALUATIONS PACT TILL NOV 8

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10/06/2017 | 02:00am CEST

IDFC and Shriram Group have decided to extend the 90-day confidentiality by one month to 8 Nov 2017, their exclusivity and standstill (CES) agreement, which provided for 90 days exclusivity period from 8 Jul 2017. The CES agreement provided for due diligence and discussions for evaluating potential merger of certain businesses and subsidiaries/affiliates of the Shriram Group with IDFC Group. The companies have informed the bourses that the CES agreement has been extended in view of the extensive due-diligence process involved and ongoing discussions.

Copyright (c) 2017 . Informatics India Ltd., source Indian Business Insight

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Financials ( INR)
Sales 2018 -
EBIT 2018 18 338 M
Net income 2018 7 200 M
Debt 2018 -
Yield 2018 12,9%
P/E ratio 2018 -
P/E ratio 2019
Capi. / Sales 2018 0
Capi. / Sales 2019 0
Capitalization 102 B
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IDFC Ltd Technical Analysis Chart | IDFC | INE043D01016 | 4-Traders
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Number of Analysts 3
Average target price 68,8  INR
Spread / Average Target 8,2%
Managers
NameTitle
Sunil Kakar Chief Executive Officer, Director & MD
Vinod Rai Independent Non-Executive Chairman
Avtar Monga Chief Operating Officer
Gemani Bipin Chief Financial Officer
Surinder Singh Kohli Independent Director
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