IDFC FIRST Bank Limited disclosed the allotment of equity shares to employees upon exercise of stock options. The duly authorized Committee of the Board of Directors approved the allotment on September 11, 2026.
Key Details
- Number of Shares Allotted: 4,86,713 equity shares
- Face Value: ₹10 per share, fully paid-up
- Reason for Allotment: Exercise of previously granted and vested stock options under the 'IDFC FIRST Bank - ESOS'
- Share Characteristics: The newly allotted equity shares will rank pari-passu with the existing equity shares of the Bank in all respects
Capital Structure Impact
- Pre-allotment Capital: ₹86,21,70,95,230 comprising 8,62,17,09,523 equity shares of ₹10 each fully paid-up
- Post-allotment Capital: ₹86,22,19,62,360 comprising 8,62,21,96,236 equity shares of ₹10 each fully paid-up
- Capital Increase: ₹48,67,130 (increase from 4,86,713 shares at ₹10 face value)