IDFC FIRST Bank Allots 7.96 Lakh Shares Under Employee Stock Option Scheme
IDFC FIRST Bank increases its paid-up share capital to ₹8,595.69 Cr following the allotment of 7.96 lakh equity shares under ESOS on Dec 22, 2025.
On December 22, 2025, IDFC FIRST Bank Limited officially announced the allotment of 7,96,222 equity shares to employees who exercised their vested stock options under the bank's Employee Stock Option Scheme (ESOS). Each of these new shares has a face value of ₹10 and carries the same rights and privileges as the bank's existing equity.
This issuance has led to a slight increase in the bank's total share capital. Specifically, the total number of shares rose from 8,59,48,92,611 to 8,59,56,88,833. In monetary terms, the paid-up equity capital grew from approximately ₹8,594.89 crore to roughly ₹8,595.69 crore.
Stock option schemes like these are a common practice for Indian private-sector banks to attract and retain talent by giving employees a direct financial stake in the company's future. By aligning the interests of the workforce with those of the shareholders, the bank aims to drive long-term growth and operational performance.