IDFC FIRST Bank Allots 9.65 Lakh Shares under Employee Stock Option Scheme

IDFC FIRST Bank approves allotment of 9,64,770 equity shares under its ESOS, increasing paid-up capital to ₹85,96,65,36,030 and enhancing employee participation in the Bank’s growth.
IDFC FIRST Bank Allots 9.65 Lakh Shares under Employee Stock Option Scheme - PSU Connect News

Mumbai, 07 January 2026: IDFC FIRST Bank Limited has allotted 9,64,770 equity shares to eligible employees under its Employee Stock Option Scheme (ESOS). The shares, each with a face value of ₹10, are fully paid-up and will rank pari-passu with existing equity shares.

The allotment follows approval by the Bank’s Board Committee, reflecting IDFC FIRST Bank’s ongoing commitment to reward and retain talent through equity participation.

 

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Following this allotment, the issued and paid-up equity share capital of IDFC FIRST Bank has increased from ₹85,95,68,88,330 (8,59,56,88,833 shares) to ₹85,96,65,36,030 (8,59,66,53,603 shares).

This move is part of the Bank’s broader strategy to align employee interests with shareholder value while strengthening long-term engagement with its workforce.

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