Sub: Allotment of Equity Shares pursuant to Exercise of Stock Options under 'IDFC FIRST Bank Limited Employee Stock Option Scheme' ("IDFC FIRST Bank ESOS")
Dear Sir/Madam,
We wish to inform that the 'Allotment, Transfer & Routine Matters Committee' of IDFC FIRST Bank Limited ("Bank") on October 18, 2022, has approved the allotment of 9,65,150 equity shares of face value of ₹ 10/- each fully paid-up to eligible employees of the Bank upon exercise of Stock Options vested with them under the 'IDFC FIRST Bank ESOS'. These equity shares shall rank pari- passu with the existing equity shares of the Bank in all respects.
Post allotment, the issued and paid-up equity share capital of the Bank stands increased from ₹62,21,33,74,870/- comprising of 6,22,13,37,487 equity shares of ₹10/- each fully paid-up to ₹62,22,30,26,370/- comprising of 6,22,23,02,637 equity shares of ₹ 10/- each fully paid-up.
Please take the above on record and acknowledge receipt of the same.
IDFC First Bank Ltd. published this content on 19 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2022 05:22:03 UTC.
IDFC FIRST Bank Limited is an India-based banking company. The Company operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business. The Treasury segment primarily consists of Bankâs investment portfolio, money market borrowing and lending, investment operations and the entire foreign exchange and derivative portfolio of the Bank. The Corporate/Wholesale Banking segment provides loans, non-fund facilities and transaction services to corporate relationship not included under Retail Banking and syndication. The Retail Banking segment constitutes lending to individuals/business banking customers through the branch network and other delivery channels subject to the orientation, nature of product, granularity of the exposure and the quantum thereof. The Other Banking Business segment includes revenue from distribution of third-party products. The Company operates approximately 809 branches and over 925 automated teller machines (ATMs).
IDFC FIRST BANK LIMITED 
