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IDFC Bank informs about allotment of equity shares under ESOS

16 Mar 2017 Evaluate

IDFC Bank has informed that the Allotment and Share Transfer Committee of the Bank met today and allotted 1,867,179 fully paid up equity shares of Rs 10 each to the employees in terms of IDFC Bank Employee Stock Option Scheme 2015 (IDFC Bank ESOS-2015) and pursuant to the resolution passed by the shareholders of the Bank at their meeting held on July 27, 2016. Further, IDFC Bank ESOS-2015 is in compliance with the SEBI (Share Based Employee Benefits) Regulations 2014. The total money realized by exercise of the aforesaid options is Rs 93,909,330. Post the aforesaid allotment, the Equity Share Capital of the Bank now stands at 3,399,006,184 equity shares of Rs 10 each, aggregating to Rs 33,990,061,840.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
HDFC Bank 710.65
ICICI Bank 1351.00
Axis Bank 1257.80
Kotak Mahindra Bank 438.70
Indusind Bank 873.45
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