IDFC First Bank Allots 5,07,112 Equity Shares Following Employee Stock Option Scheme Exercise
New Delhi, April 13, 2026 — IDFC First Bank Ltd announced that its Board of Directors approved the allotment of 5,07,112 equity shares to eligible employees. The shares were allotted on the basis of the exercise of previously granted and vested stock options under the 'IDFC FIRST Bank - Employee Stock Option Scheme' (ESOS).The committee of the Board approved the allotment of the 5,07,112 equity shares, each having a face value of ₹10 and being fully paid-up. The newly allotted shares will rank pari passu with the bank's existing equity shares in all respects.
The allotment significantly impacted the Bank's share capital structure. Following the exercise of the stock options, the issued and paid-up equity share capital increased.
The financial changes to the Bank's share capital are detailed below:
| Metric | Pre-Allotment | Post-Allotment |
|---|---|---|
| Total Equity Share Capital | ₹ 86,01,69,92,480/- | ₹ 86,02,20,63,600/- |
| Number of Equity Shares | 8,60,16,99,248 | 8,60,22,06,360 |
| Face Value per Share | ₹ 10/- | ₹ 10/- |
The transaction formalizes the vesting and exercise of stock options by employees under the ESOS, thereby increasing the Bank's paid-up capital base.
IDFCFIRSTB Stock Price Movement
As of 12:16 PM, shares of IDFC First Bank Limited are shedding 2.08% in live trading, currently hovering at ₹64.83. The stock has seen substantial activity on the day, with 11.69 million shares traded in the live market.Source:
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