IDFC FIRST Bank Limited has made a regulatory disclosure regarding the grant of employee stock options under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 (Regulation 30).
The Nomination & Remuneration Committee (NRC) of the Bank approved the grant of 5,00,000 (five hundred thousand) equity stock options of the Bank to eligible new employees. The stock options were granted pursuant to the employees' respective employment offers.
The price of the stock options was determined by the NRC, though the specific price per option is not disclosed in this filing.
The stated objective of the grant is to incentivize, encourage, and attract talent to the organization.
The grant is made under and in accordance with the terms of the 'IDFC FIRST Bank Limited - Employee Stock Option Scheme' and complies with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, as amended.
The disclosure was signed by Satish Gaikwad, General Counsel and Company Secretary of IDFC FIRST Bank Limited, on July 22, 2026, at 19:46:44 IST.