IDFC First Bank Limited has informed the Exchange regarding Allotment of 490588 Shares.
IDFCFIRSTB · price
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IDFC First Bank has allotted 4,90,588 equity shares of face value ₹10 each to eligible employees who exercised their vested stock options under the bank's ESOS scheme on March 23, 2026. These new shares will rank equally with existing shares in all respects. Post-allotment, the bank's total issued and paid-up share capital stands at ₹8,601.70 crore, comprising 8,60,16,99,248 equity shares, up from 8,60,12,08,660 shares prior to the allotment. The dilution from this allotment is negligible at approximately 0.06% of the existing share base. This is a routine disclosure under SEBI Listing Regulations.
Minor equity dilution of ~0.06% from ESOP exercise; no material impact on shareholders as this is a routine employee stock option allotment. The new shares will be listed and become tradeable per applicable rules.