IDBI Bank Merger & Restructuring Worth ₹52,878 Cr

IDBI Bank Credit Rating

IDBI Bank's long-term debt was placed on CRISIL AA/Watch Positive; CDs reaffirmed A1+. The watch reflects the proposed Fairfax acquisition of a 60.72% stake.

IDBI Bank Results Update

IDBI Bank released financial highlights for the quarter ended September 30, 2026. The bank reported a net profit of ₹2,205 Crore for the second quarter.

IDBI Bank Q2 FY27 Results: Net Profit ₹2,214 Cr, Down 31.4% YoY

IDBI Bank Ltd reported revenue from operations of ₹8,519 Cr (+19.8% YoY) and net profit of ₹2,214 Cr (-31.4% YoY) for Q2 FY27.

Key figure

Net profit ₹2,214 Cr · -31.4% YoY

IDBI Bank Other Announcement

IDBI Bank Ltd has filed its quarterly shareholding pattern statement. The report details the distribution of equity shares across various categories of investors.

IDBI Bank Price Movement Clarification

IDBI Bank clarified the news on the government's CABET-approved stake sale to Fairfax. It stated DIPAM leads the competitive disinvestment and the Bank has no role in it.

IDBI Bank Board Meeting Date

IDBI Bank announced its board will meet on October 17, 2026 to approve un-audited Q1/H1 FY27 results. The trading window remains closed until October 19, 2026.

Meesho Merger & Restructuring Worth ₹15 Cr

Meesho will incorporate a wholly owned financial services subsidiary with an initial investment of up to Rs.15 Crore. The subsidiary has not yet commenced business.

Value

₹15.00 Cr

EPACK Durables Merger & Restructuring Worth ₹15 Cr

EPACK Durable sells its 50% stake in JV Epavo Electricals to Ram Ratna Wires for Rs 15.00 Crore cash. The unrelated buyer is arm's length; completion is expected by 30 November 2026.

Value

₹15.00 Cr

Supreme Infrastructure India Merger & Restructuring

Supreme Infrastructure's NCLT order extends the deadline to October 31, 2026 for implementing its Scheme of Compromise. Remaining obligations will be funded through an escrow arrangement.

Robokidz Eduventures Merger & Restructuring Worth ₹0.18 Cr

Robokidz Eduventures will transfer its YEA Mundhwa Activity Centre to wholly owned subsidiary Robokidz Retail for ₹0.18 Crore. The restructuring consolidates activity-centre operations under the subsidiary.

Value

₹0.18 Cr

Yogi Merger & Restructuring

Yogi Horizons LLP and Yogi Realtors LLP, subsidiaries of Yogi Limited, executed restated LLP agreements inducting new partners. Yogi's profit share falls to 43% and 76% respectively.

Astra Microwave Products Merger & Restructuring

Astra Microwave received exchange observation letters for its Space business demerger into Astra Space Technologies. The scheme remains subject to regulatory approvals.