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Bloomberg Quint

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NIIT To Acquire 19 Lakh Shares Of IFBI From ICICI Bank

  • NIIT to acquire 19 lakh shares of IFBI from ICICI Bank.
  • Post acquisition, IFBI will become a wholly owned subsidiary of NIIT.
  • ICICI Bank's entire stake sale in NIIT-IFBI will garner Rs 4.7 to 6.58 crore.
  • The stake sale is expected to be completed by Sept. 30, 2025.

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