IDFC First Bank Limited has informed the Exchange regarding Allotment of 2016620 Shares.
IDFCFIRSTB · price
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IDFC First Bank has allotted 20,16,620 equity shares (face value ₹10 each) to eligible employees who exercised their vested stock options under the bank's Employee Stock Option Scheme (ESOS). The allotment was approved by a duly authorized committee of the Board on March 12, 2026. As a result, the bank's paid-up equity share capital increased from ₹8,599.92 crore (8,59,91,92,040 shares) to ₹8,601.21 crore (8,60,12,08,660 shares). The newly issued shares will rank equally with existing shares in all respects.
This is a routine ESOP allotment resulting in a very minor dilution (approximately 0.23% increase in share count). No material impact on shareholders — it simply reflects employees converting their already-vested stock options into shares.