IDFC First Bank has informed that the ‘Allotment, Transfer, & Routine Matters Committee’ of Bank on September 22, 2022, has approved the allotment of 10,56,015 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 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 Rs 6220,28,14,720 comprising of 622,02,81,472 equity shares of Rs 10 each fully paid-up to Rs 6221,33,74,870 comprising of 622,13,37,487 equity shares of Rs 10 each fully paid-up.
The above information is a part of company’s filings submitted to BSE.
