Summary of Key Information:

Reporting Period (Quarter/Year): Not Applicable

Nature of Filing / Announcement: Outcome of Board Meeting

Date of Board Meeting / Approval: July 25, 2026

Audit Opinion: Not Specified

Auditor's Comment: Not Specified

Key Financial Highlights:

Not Specified

Corporate Actions:

The Board granted enabling approval for raising funds through:

  • Issuance of equity securities up to an aggregate amount of ₹7,500 crore (Rupees Seven Thousand Five Hundred Crore only)
  • Issuance of debt instruments and/or other eligible instruments up to an aggregate amount of ₹12,500 crore (Rupees Twelve Thousand Five Hundred Crore only)

The approvals shall be valid for a period of one (1) year from the conclusion of the ensuing Annual General Meeting and are subject to shareholder and regulatory approvals.

The Board fixed Friday, August 7, 2026, as the Record Date for determining the eligibility of Members entitled to receive the final dividend recommended by the Board at its meeting held on April 25, 2026, subject to shareholder approval at the AGM.

Change in Directorate:

Mr. Pravir Vohra (DIN: 00082545) shall cease to be an Independent Director of the Bank with effect from the close of business hours on July 31, 2026, upon completion of his second term and the maximum tenure permissible under applicable banking regulations.

Change in Senior Management Personnel:

Mr. Nilesh Doshi shall cease to be the Chief Vigilance Officer (CVO) of the Bank upon completion of his tenure, with effect from August 16, 2026, pursuant to RBI Circular No. RBI/2010-11/554 DBS.CO.FrMC.BC.No.9/23.04.001/2010-11.

The Board approved the elevation and appointment of Mr. Anurag Mishra as the CVO of the Bank, designated as Senior Management Personnel, with effect from August 17, 2026.

Mr. Anurag Mishra brings around 25 years of experience in Risk Containment, Investigations and Fraud Management. He has been associated with the Bank since 2012 and currently serves as the National Head – RCU. He holds a B.A. (Honours) in Economics from Allahabad University and an Integrated MBA in Marketing from the University of Mumbai.

Amendment to Articles of Association:

The Board approved amendments to the Articles of Association through modification of existing Article 101A and insertion of a new Article 101B.

The new Article is an enabling provision for appointment of non-executive, non-independent director(s) nominated by eligible investor(s), in accordance with the terms of applicable investment agreement(s), subject to Board, shareholder, and regulatory approvals. Such nomination rights shall cease upon the investor's shareholding falling below 5% of the paid-up share capital of the Bank.

The amendments shall be subject to the approval of the shareholders, the RBI and such other approvals as may be required.

Other Significant Information:

The Board Meeting commenced at 10:00 a.m. and concluded at 3:15 p.m.

The information is being uploaded on the Bank's website at www.idfcfirst.bank.in.