NSENews Verification5d ago · 15 Oct 2026, 10:28 am
News Verification
IDBI Bank Limited · IDBI
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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