Clarification25 Aug 2026, 12:32 pm
IDBI Bank Replies to Exchange on Share Volume Increase
AI Summary
IDBI Bank has responded to a clarification sought by the BSE regarding a significant increase in its share volume. The bank stated that it has complied with SEBI regulations by promptly disclosing all price-sensitive information. It highlighted that the strategic disinvestment process is being handled by DIPAM and that the bank has been making timely disclosures on developments related to it. IDBI Bank assured that it will continue to inform the exchanges of all material events and information as required.
Key Highlights
- IDBI Bank addresses BSE's query on increased share trading volume.
- Bank confirms compliance with SEBI listing and disclosure norms.
- No undisclosed price-sensitive information at present.
- Disinvestment process updates are being disclosed as they occur.
- Commitment to ongoing timely disclosure of material information.
Price Impact
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