IDFC First Bank Sets Aug 7 Record Date for Final Dividend

IDFC First Bank's Board of Directors has approved an enabling approval for raising funds up to ₹7,500 crore through equity securities and ₹12,500 crore through debt instruments. These approvals are valid for one year, subject to shareholder and regulatory consent. The Board also approved amendments to the Articles of Association to allow for non-executive director nominations by eligible investors. Additionally, Mr. Pravir Vohra will cease to be an Independent Director on July 31, 2026, and Mr. Anurag Mishra will be appointed as the new Chief Vigilance Officer effective August 17, 2026. Crucially, Friday, August 7, 2026, has been fixed as the Record Date for determining shareholder eligibility for the final dividend for FY 2025-26, pending shareholder approval at the AGM.