IDBI Bank has issued a clarification regarding the recent increase in share volume across exchanges. The bank stated that it has been promptly informing exchanges of all events and information that may have a probable bearing on the operation/performance of the bank. Furthermore, the bank confirmed there is no undisclosed price-sensitive information or any impending announcement which needs to be disclosed. The strategic disinvestment of the bank is currently being handled by DIPAM.
Response to Exchange Inquiry
IDBI Bank addressed an inquiry from the exchange concerning a significant increase in the volume of its shares recently. The bank issued the response on January 5, 2026.
Bank’s Stance
The bank asserts that it is in compliance with requirements and promptly informs the Stock Exchanges of all relevant events and information. This includes any information that could potentially influence the bank’s operational performance. IDBI Bank maintains that, as of January 5, 2026, there is no undisclosed information that warrants immediate disclosure.
Disinvestment Update
The bank reiterated that the strategic disinvestment process is ongoing and is managed entirely by DIPAM (Department of Investment and Public Asset Management).
Source: BSE
