Announced Fri, 24 Jul · 21:06 IST
IndiaFirst Life: 25.96% stake transfer to BNP Paribas Cardif from Caramel Point
Ownership Changes View source PDF
BANKBARODA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹246.25
prior close
₹243.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+0.2+1.5+1.0-2.8—————————
Up moveDown movePending
AI summary
Bank of Baroda's subsidiary IndiaFirst Life Insurance (IFLIC) will see a 25.96% stake transfer from Caramel Point Investments India to BNP Paribas Cardif via a Share Purchase Agreement dated July 24, 2026. The deal is subject to regulatory approvals. Bank of Baroda's own shareholding and controlling interest in IFLIC remain unchanged.
Likely market impact
Neutral for shareholders. Bank's stake and control in IndiaFirst Life remain unchanged. Awaiting regulatory approvals.