NSENews Verification5d ago · 15 Oct 2026, 10:28 am

News Verification

IDBI Bank Limited · IDBI

✦ AI SummaryResults

IDBI Bank Limited has responded to a clarification sought by the National Stock Exchange of India Ltd. regarding recent news about the bank's stake sale to Fairfax for Rs 52,878 crore, stating that the strategic disinvestment is being undertaken through a competitive bidding process in line with the Disinvestment guidelines of the Government of India by Department of Investment and Public Asset Management (DIPAM). The bank has disclosed details of Press Release and FAQs published by the Ministry of Finance on Press Information Bureau website.

Analysis Scores

Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment5/10

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Full Announcement

The Exchange has sought clarification from IDBI Bank Limited with respect to recent news item captioned Cabinet Approves IDBI Bank Stake Sale To Fairfax For Rs 52,878 Crore; FM Calls It Strategic Restructuring. The response from the Company is attached.

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MANESHJ_15102026102815_NSE_Clarification_15102026.pdf

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3RW3TT{to hMs IDBI Bank Limited +aW-1,f-- : „M„§;T„. Regd. Office : tDBI Tower, g@tHt edina@1, nOteS, WTC Complex, CuRe Parade CIN: L65190MH2004G01148838 @ - 400 005. Mumbai - 400 005. aFbnta : (+91 22) 6655 3355 TEL.: (+91 22) 6655 3355 (+91 22) 6655 3405, 3410 (+91 22) 6655 3405, 3410 a4?IIB : www.idbi.bank in Website : www.idbi.bank.in October 15, 2026 The Manager (Listing) National Stock Exchange of India Ltd.. Exchange Plaza, 5th Floor. Plot No. C/1, G Block. Bandra Kurla Complex, Bandra(E). Mumbai – 400 05 1 Dear Sir/Madam, Reply to clarification sought by Exchanges on Market rumour verifications This is with reference to NSE letter NSE/CM/Surveillance/17707 dated October 14, 2026 seeking clarification on the news item appearing in https://www.ndtvprofit.com/ dated October 14, 2026. In this connection, we wish to submit the following clarifications in response to the queries raised by the Exchange: i: Questions Company Remarks Whether such negotiations/ events were taking place? if so, you are advised to The Strategic Disinvestment of the 1. provide the said information along with the Bank is being undertaken through a sequence of events in chronological order competitive bidding process in line from the start of negotiations/ events till date. with the Disinvestment guidelines of the GOI by Department of Investment Whether you/company are aware of any information that has not been announced to and Public Asset Management (DIPAM). IDBI Bank has had no role the Exchanges which could explain the to play in the Strategic Disinvestment. movement in the trading. if any? ') Further, you are advised to provide the said In this respect, the Bank has disclosed information and the reasons for not to the Stock Exchanges on October 14, 2026 details of Press Release and disclosing the same to the Exchange earlier FAQs published by the Ministry of as required under regulation 30 of the SEBI Finance on Press Information Bureau (LODR) Regulations, 2015 website. The material impact of this article on the Company Further, we confirm that the Bank has, from time to time, promptly intimated the Stock Exchanges of all events and information having a bearing on the operations and performance of the Bank, including all price-sensitive information, in compliance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Yours faithfully, For IDBI Bank Ltd. Company Secretary