IDFC - Infrastructure Development Finance corporation

This option is on the table until the sale of the AMC is agreed, if some NBFC comes next week and makes an offer for say Rs 100-110 the board will be obligated to consider it and put it to shareholders.

BTW the indexed cost of the AMC is Rs 2,500cr, Mr Kakar had mentioned this in the Feb 2021 call and there is also Rs 400cr of cash+liquid investments held by the Company.

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