IDBI Bank Ltd
IDBI Bank Disinvestment Update: Government-Led Process Continues 📊
- Disinvestment process led by Government of India via competitive bidding
- Cabinet approval received in May 2021
- KPMG India and Link Legal appointed as advisors in October 2022
- SEBI approvals obtained in January 2023 and August 2025
- GOI and LIC to sell combined 60.72% stake (30.48% from GOI, 30.24% from LIC)
- Bank confirms compliance with all SEBI disclosure regulations
- No undisclosed information affecting stock trading