IDFC FIRST Bank has informed that the ‘Allotment, Transfer, & Routine Matters Committee’ of the bank on May 19, 2022, has approved the allotment of 2,38,088 equity shares of face value of ? 10 each fully paid-up to eligible employees of the Bank upon exercise of Stock Options vested with them under the ‘IDFC FIRST Bank ESOS’. These equity shares shall rank with the existing equity shares of the Bank in all respects. Post allotment, the issued and paid-up equity share capital of the Bank stands increased from ?6218,05,38,700 comprising of 621,80,53,870 equity shares of ? 10 each fully paid-up to ?6218,29,19,580 comprising of 621,82,91,958 equity shares of ? 10 each fully paid-up.
The above information is a part of company’s filings submitted to BSE.
