Corporate Announcement
Security Code : 539437    Company : IDFCFIRSTB    
 
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSDownload PDF Download XBRL
  Exchange Received Time  26/02/2019 17:51:18         Exchange Disseminated Time   26/02/2019 17:51:24              Time Taken   00:00:06
Allotment of shares pursuant to exercise of Employee Stock Options under Employee Stock Option Scheme 2015 (ESOS-2015)

We wish to inform you that the Allotment, Transfer & Routine Matters Committee of IDFC FIRST Bank Limited ('the Bank') through a resolution passed at its meeting held today i.e. February 26, 2019, has allotted 154,808 fully paid up equity shares of Rs. 10 each to the allottees upon exercise of stock options pursuant to IDFC FIRST Bank Employee Stock Option Scheme 2015 (IDFC FIRST Bank ESOS-2015) and pursuant to the resolution passed by the shareholders of the Bank at their meeting held on July 27, 2016. Further, IDFC FIRST Bank ESOS-2015 is in compliance with the SEBI (Share Based Employee Benefits) Regulations 2014. The total money realized by exercise of the aforesaid options is Rs. 57,96,033.20

Post the aforesaid allotment, the Equity Share Capital of the Bank now stands at 4781,676,412 equity shares of Rs.10 each, aggregating to Rs. 47,816,764,120

 

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