BSECompany Update23h ago · 21 Oct 2026, 02:36 pm
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IDFC First Bank Ltd · 539437
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IDFC First Bank Ltd has granted 98,00,000 stock options to new joiners and eligible employees under the IDFC FIRST Bank Limited Employee Stock Option Scheme, with vesting over 4 years and an exercise period of 3 months.
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Governance Concern1/10
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Market Sentiment5/10
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IDFC First Bank Ltd - 539437 - Grant Of Stock Options Under ''''IDFC FIRST Bank Limited Employee Stock Option Scheme''''
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IDFCFIRSTBANK/SD/154/2026-27 October 21, 2026
National Stock Exchange of India Limited BSE Limited
Mumbai 400 051 Mumbai 400 001
NSE Symbol: IDFCFIRSTB BSE Scrip Code: 539437
Sub.: Grant of Stock Options under ‘IDFC FIRST Bank Limited - Employee Stock Option Scheme’
Ref.: Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015, as amended
Dear Sir/ Madam,
We wish to inform you that the Nomination & Remuneration Committee (“NRC”), at its meeting
held today, approved the grant of 98,00,000 stock options to new joiners and eligible employees,
pursuant to their respective employment offers, and to reward, incentivize, and retain talent basis
their performance, at a price determined by the NRC, in compliance with the SEBI (SBEB)
Regulations, 2021. Executive Board members are not part of this grant. The said Options will vest
equally over a period of 4 years (viz. 25% each year) with an exercise period of 3 months from date
of respective vesting.
The meeting commenced at 11:30 a.m. and concluded at 02:10 p.m.
Please take the above on record.
Thanking you,
Yours faithfully,
For IDFC FIRST Bank Limited
Satish Gaikwad
General Counsel and Company Secretary
IDFC FIRST Bank Limited
Corporate Office: IDFC FIRST Bank Tower, (The Square), C-61, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051. Tel: +91 22 7132 5500 Fax: +91 22 2654 0354
Registered Office: KRM Towers, 7th Floor, No.1, Harrington Road, Chetpet, Chennai - 600 031. Tel: +91 44 4564 4000 Fax: +91 44 4564 4022
CIN: L65110TN2014PLC097792 bank.info@idfcfirstbank.com www.idfcfirstbank.com