The total number of equity shares allotted by IDFC First Bank is 9,65,150 as per the face value of Rs 10 for each fully paid-up. All eligible employees of the Bank to exercise Stock Options vested with them under the ‘IDFC FIRST Bank ESOS’.
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The existing equity shares shall rank pari-passu of IDFC First Bank.
After the allotments of shares, there is increase in equity share capital from 62,21,33,74,870/- comprising of 6,22,13,37,487 equity shares of Rs 10 per share to Rs 62,22,30,26,370/- comprising of 6,22,23,02,637 equity shares of Rs 10 per share fully paid-up. On 19 August 2022, IDFC First Bank allotted 9,95,540 equity shares under ESOS.
After the allotment of shares, there is an increase in paid-up share capital from Rs 6219,28,59,320 comprising of 621,92,85,932 equity shares of Rs 10 per share fully to Rs 6220,28,14,720 comprising of 622,02,81,472 equity shares of Rs 10 per share fully paid-up.