IDFC First Bank Limited has informed the Exchange regarding Allotment of 2516455 Shares.
IDFCFIRSTB · price
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IDFC First Bank has allotted 25,16,455 equity shares of face value ₹10 each to eligible employees who exercised their vested stock options under the IDFC FIRST Bank - ESOS scheme, on June 10, 2025. Post-allotment, the bank's paid-up equity share capital increased from ₹7,330,59,33,880 (733,05,93,388 shares) to ₹7,333,10,98,430 (733,31,09,843 shares). The new shares will rank equally with existing shares in all respects. This is a routine ESOP allotment disclosed under SEBI Listing Regulations.
This is a routine ESOP allotment with a very minor dilution (~0.34% increase in share count). No material impact on shareholders or stock price is expected.