Platinum Invitus B2025 RSC Limited was allocated on August 19, 2025 on August 19, 2025, 43,71,85,666 of IDFC First Bank Limited on compulsory cumulative preference shares, preferred basis. After the acquisition, Platinum Invitus B2025 RSC Limited has 5.09 percent of IDFC First Bank Limited’s diluted share/voting capital.
Prior to the acquisition, the acquisition had zero shares, who represented IDFC First Bank Limited’s total share/voting capital and 0 percent of diluted shares/voting capital.
After the acquisition, the acquisition has 43,71,85,666 compulsory convertible cumulations shares, which represents 0 percent of the total share/voting capital and 5.09 percent of IDFC First Bank Limited’s dilated share/voting capital.
Prior to the said acquisition, IDFC First Bank Limited had equity share capital/total voting capital ₹ 73,36,61,88,050/-, including 7,33,66,18,805 equity shares of INR 10/-, which was fully paid.
After the said acquisition, IDFC First Bank Limited has equity share capital/total voting capital ₹ 73,36,61,88,050/-, including 7,33,66,18,805 equity shares of 7,33,66,18,805 equity shares of INR 10/- which has been fully paid.
After the said acquisition, IDFC First Bank Limited has a total diluted share/voting capital ₹ 85,86,49,91,930/-, including 8,58,64,99,193 equity shares of INR 10/- (post: (i) The acquisition is allotted by TC 43,71,71,71,71,71,71,71,71,71,71,71,71,71,71,71,71,66666666666666666666666 CCPS; Huicated; and considering Current Sea Investment BV as per preference allotment, 81,26,722 warrants are considered to be full conversion in 81,26,94,722 equity shares of TC).
Each CCPS allocated to the acquired will essentially convertible to 1 (one) equity share of TC.
Conversion either: (a) on the option of the acquisition, or (b) automatically, will be within 15 business days from the date, on which the average of 45 trading days of 45 trading days of 45 trading days of the daily volume weed averages price of TC’s equity shares on the National Stock Exchange of India Limited reaches the minimum issue; And in any case, no more than 5 business days before the end of 18 months from the date of allocation.
CCPS was allocated at the price of INR 60/- (including premiums of CCPS per CCPS) (“Issue Bhava”) on a preliminary basis.