We wish to inform that the 'Allotment, Transfer & Routine Matters Committee' of IDFC FIRST Bank Limited ('Bank') on October 18, 2022, has approved the allotment of 9,65,150 equity shares of face value of ? 10/- each fully paid-up to eligible employees of the Bank upon exercise of Stock Options vested with them under the 'IDFC FIRST Bank ESOS'. These equity shares shall rank pari- passu with the existing equity shares of the Bank in all respects. Post allotment, the issued and paid-up equity share capital of the Bank stands increased from ?62,21,33,74,870/- comprising of 6,22,13,37,487 equity shares of ?10/- each fully paid-up to ?62,22,30,26,370/- comprising of 6,22,23,02,637 equity shares of ? 10/- each fully paid-up.