Mumbai | January 30, 2026
IDFC FIRST Bank Limited has approved the grant of 6,20,000 employee stock options to eligible new employees under the ‘IDFC FIRST Bank Limited – Employee Stock Option Scheme’, as part of its talent attraction and retention strategy.
The decision was approved by the Nomination & Remuneration Committee (NRC) of the bank at its meeting held on January 30, 2026, in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, as amended.
Key ESOP Grant Details
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Total stock options granted: 6,20,000
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Eligible beneficiaries: New employees of the Bank
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Vesting period: 4 years (25% each year)
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Exercise period: 3 years from the date of respective vesting
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Purpose: Talent attraction, motivation, and long-term employee retention
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Pricing: Determined by the NRC in accordance with applicable regulations
The bank stated that the options were granted as part of employees’ respective job offers, aligning employee interests with the bank’s long-term growth objectives.
Regulatory Disclosure
The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and filed with both stock exchanges — NSE (Symbol: IDFCFIRSTB) and BSE (Scrip Code: 539437).
The NRC meeting commenced at 2:00 PM and concluded at 3:00 PM.