IDFC FIRST Bank has informed that the ‘Allotment, Transfer & Routine Matters Committee’ of bank on October 18, 2022, has approved the allotment of 9,65,150 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 ?62,21,33,74,870 comprising of 6,22,13,37,487 equity shares of ?10 each fully paid-up to ?62,22,30,26,370 comprising of 6,22,23,02,637 equity shares of ? 10 each fully paid-up.
The above information is a part of company’s filings submitted to BSE.
