Home Economic Times IDFC Financial institution share: IDFC First Financial institution MD & CEO presents 5 lakh shares to kin of deceased colleague

IDFC Financial institution share: IDFC First Financial institution MD & CEO presents 5 lakh shares to kin of deceased colleague

IDFC Financial institution share: IDFC First Financial institution MD & CEO presents 5 lakh shares to kin of deceased colleague

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New Delhi: IDFC First Bank MD and CEO V Vaidyanathan has gifted 5 lakh shares of the financial institution held by him to members of the family of a deceased colleague, as per a regulatory submitting. Vaidyanathan had earlier too gifted his shares to workers members, together with his coach, househelp and driver, to assist them buy houses.
“V Vaidyanathan, Managing Director & CEO, has gifted 5,00,000 fairness shares of IDFC FIRST Financial institution held by him to sure members of the family of a deceased colleague who was carefully recognized to him for a very long time, in direction of backing their training and for his or her monetary safety,” the financial institution stated in a regulatory submitting on Thursday.

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