IDFC Bank allots 3.56 lakh equity shares
Under ESOP
IDFC Bank has allotted 356,015 fully paid up equity shares of Rs.10 each to the employees in terms of IDFC Bank Employee Stock Option Scheme 2015 (IDFC Bank ESOS-2015) and pursuant to the resolution passed by the shareholders of the Bank at their meeting held on 27 July 2016. Further, IDFC 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.16,597,540.Post the aforesaid allotment, the Equity Share Capital of the Bank now stands at 3,402,676,128 equity shares of Rs.10 each, aggregating to Rs.34,026,761,280.
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