IDFC First Bank has informed that the Allotment, Transfer & Routine Matters Committee of the Bank through a Circular resolution dated February 24, 2020, has allotted 4,44,980 fully paid up equity shares of Rs 10 each to the allottees upon exercise of stock options pursuant to IDFC FIRST Bank Employee Stock Option Scheme 2015 (IDFC FIRST Bank ESOS-2015). With the allotment of the above shares, the equity base of the Bank stands increased from present level of 4,789,458,036 (Nos.) to 4,78,99,03,016 (Nos.) equity shares of Rs 10 each.
The above information is a part of company’s filings submitted to BSE.
