Pursuant to the provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, IDFC First Bank has informed that the Allotment, Transfer & Routine Matters Committee of the Bank has on March 16, 2022, approved the allotment of 59,200 fully paid-up equity shares of ? 10 each to the allottees, upon exercise of stock options under the company's Employee Stock Option Scheme. These equity shares shall rank, in all respects with the existing equity shares of the Bank. With the allotment of the above shares, the equity base of the Bank stands increased from present level of 6,21,76,49,110 (Nos.) to 6,21,77,08,310 (Nos.) Equity Shares of ? 10 each.
The above information is a part of company’s filings submitted to BSE.
