IDFC First shareholders reject board seat to Warburg arm
- Posted on May 19, 2025
- By Financial Express
- 1 Views
IDFC First shareholders reject board seat to Warburg arm
IDFC First Bank shareholders reject Warburg Pincus arm Currant Sea’s board seat proposal, with only 64.1% support against the required 75%. Institutional investors opposed the move, while retail backed it. Deal may face delays, though capital raise plans and other resolutions were approved.
