IDFC FIRST Bank Allots 10.91 Lakh Shares Under Employee Stock Option Scheme
IDFC FIRST Bank Limited has announced the allotment of 10,91,052 equity shares pursuant to the exercise of stock options under the IDFC FIRST Bank – Employee Stock Option Scheme (ESOS), as per a regulatory filing made with the stock exchanges.
The allotment was approved by the duly authorised committee of the Bank’s Board of Directors on January 23, 2026, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Details of Equity Share Allotment
The newly allotted equity shares have a face value of ₹10 each and have been issued as fully paid-up to eligible employees upon the exercise of vested stock options. These shares will rank pari-passu with existing equity shares of the Bank in all respects.
Impact on Share Capital
Following the allotment, the issued and paid-up equity share capital of IDFC FIRST Bank has increased from:
-
₹85,96,65,36,030, comprising 8,59,66,53,603 equity shares,
to -
₹85,97,74,46,550, comprising 8,59,77,44,655 equity shares,
each of face value ₹10 fully paid-up.
The Bank stated that the allotment reflects its continued focus on employee ownership and long-term value creation through equity-based compensation.
Regulatory Disclosure
The disclosure has been submitted to both National Stock Exchange of India Limited (NSE) and BSE Limited, where the Bank’s shares are listed under NSE Symbol: IDFCFIRSTB and BSE Scrip Code: 539437.
