Pursuant to the provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that in accordance with the terms of IDFC FIRST Bank Employee Stock Option Scheme, the Allotment, Transfer & Routine Matters Committee of IDFC FIRST Bank Limited ('the Bank'), has on August 30, 2021 approved the allotment of 4,90,866 fully paid up equity shares of Rs. 10 each to the allottee(s), upon exercise of stock options under the said Scheme. These shares shall rank pari passu, in all respects with the existing equity shares of the Bank. With the allotment of the above shares, the equity base of the Bank stands increased from present level of 6,21,08,01,606 (Nos.) to 6,21,12,92,472 (Nos.) equity shares of Rs. 10/- each.