IDFC First Bank has today, i.e., on 01 August 2025, approved the preferential allotment of 81,26,94,722 compulsorily convertible cumulative preference shares (CCPS) of face value of Rs 10/- each fully paid-up, at an issue price of Rs 60/- per CCPS to Currant Sea Investments B.V., aggregating to Rs 4,876 crore.