We wish to inform that the 'Allotment, Transfer, & Routine Matters Committee' of IDFC FIRST Bank Limited (the 'Bank') on July 18, 2022, has approved the allotment of 1,99,500 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 ?6219,08,64,320/- comprising of 621,90,86,432 equity shares of ? 10/- each fully paid-up to ?6219,28,59,320/- comprising of 621,92,85,932 equity shares of ? 10/- each fully paid-up.