Consider the following statements about the merger of IDFC with IDFC First Bank:
- Shareholders and NCD holders approved the proposal to merge parent IDFC Ltd with IDFC First Bank.
- The proposal was passed by a majority of 99.99% of the NCD holders.
- An IDFC shareholder will get 100 shares for every 155 shares held in the bank.
Which of the statements given above are correct?
1
1 and 2 only
2
2 only
3
2 and 3 only
4
1 and 3 only
5
1, 2 and 3