IDFC FIRST Bank Allots 20.16 Lakh Equity Shares Under Employee Stock Option Scheme

by- Ganesh K
12 Mar 2026

IDFC FIRST Bank Limited announces the allotment of 20,16,620 equity shares to employees under its ESOS, increasing the paid-up capital to ₹86.01 billion.

IDFC FIRST Bank Allots 20.16 Lakh Equity Shares Under Employee Stock Option Scheme

Chennai, 12 March 2026: IDFC FIRST Bank Limited has announced the allotment of 20,16,620 equity shares to eligible employees under its Employee Stock Option Scheme (ESOS). The allotment was approved by the Bank’s authorized Committee of the Board of Directors on 12th March 2026.

The newly allotted shares, with a face value of ₹10 each, are fully paid-up and rank pari-passu with the existing equity shares of the Bank. Following the allotment, the Bank’s issued and paid-up equity share capital has increased from ₹85.99 billion (8,59,91,92,040 shares) to ₹86.01 billion (8,60,12,08,660 shares).

This ESOS allotment reflects the Bank’s commitment to rewarding and retaining talent, incentivizing employees, and aligning their interests with the growth of the Bank.

About IDFC FIRST Bank:
Headquartered in Mumbai with a registered office in Chennai, IDFC FIRST Bank Limited is a leading Indian private sector bank. The Bank offers a range of retail and corporate banking solutions, focusing on sustainable growth, innovation, and customer-centric banking.