IDFC First Bank Limited has informed the Exchange regarding Allotment of 664030 Shares.
IDFCFIRSTB · price
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IDFC First Bank has allotted 6,64,030 equity shares (face value ₹10 each) to eligible employees who exercised their stock options under the IDFC FIRST Bank Employee Stock Option Scheme (ESOS) on July 11, 2025. The new shares will rank equally with existing shares. As a result, the bank's paid-up equity capital has increased from ₹7,33,43,25,856 (7,33,43,25,856 shares) to ₹7,33,49,98,860 (7,33,49,89,886 shares). The increase in share count is very small, representing a dilution of less than 0.1%.
This is a routine ESOP allotment with negligible dilution for existing shareholders. No material impact on share price is expected as the number of new shares is very small relative to the total share base.