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YOU ARE HERE >  Moneycontrol Markets > Announcements Banks - Private SectorAnnouncement - IDFC First Bank
IDFC First Bank

19th-Mar-2023 11:51Source: BSE

IDFC First Bank - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

We wish to inform that the 'Allotment, Transfer & Routine Matters Committee' of IDFC FIRST Bank Limited ('Bank') has on March 18, 2023, approved the allotment of 8,05,845 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 ? 62,39,81,51,120 /- comprising of 6,23,98,15,112 equity shares of ? 10/- each fully paid-up to ? 62,40,62,09,570/- comprising of 6,24,06,20,957 equity shares of ? 10/- each fully paid-up.