Allotment of 25,94,143 equity shares pursuant to exercise of ESOP
IDFCFIRSTB · price
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IDFC First Bank has allotted 2,594,143 equity shares of ₹10 each to eligible employees who exercised their vested stock options under the Employee Stock Option Scheme (ESOS). The allotment was approved by the authorized Committee of the Board on May 25, 2026. Following this, the bank's paid-up equity share capital increased from ₹86,08,31,49,320 to ₹86,10,90,90,750. The new shares will rank equally with existing equity shares in all respects. This represents a dilution of approximately 0.30% for existing shareholders.
Minor dilution of approximately 0.30% for existing shareholders as 2.59 million new shares enter the market from ESOP exercises. The overall impact on stock price should be negligible given the small quantum relative to total shares outstanding.