Post this deal, IDBI Bank will hold 25 percent stake in the life insurer, Ageas will hold 49 percent which is the maximum permissible limit under the foreign direct investment rules.
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The bank plans to raise up to Rs 500 crore by issue of equity shares to qualified institutional buyers through qualified institutional plac...
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In July, HCL Technologies had announced a Rs 4,000 crore buyback programme for FY19 at a price of Rs 1,100 per equity share.
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