Pursuant to Exercise of Stock Options under 'IDFC FIRST Bank Limited Employee Stock Option Scheme' ('IDFC FIRST Bank ESOS'), IDFC First Bank has informed that the 'Allotment, Transfer, & Routine Matters Committee' of IDFC FIRST Bank on June 17, 2022 has approved the allotment of 7,94,474 equity shares of face value of Rs 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 pari passu with the existing equity shares of the Bank in all respects.
The above information is a part of company’s filings submitted to BSE.