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IDFC FIRST Bank to consider audited results, trading window

March 31, 2025 at 09:26 AM UTCBy FilingReader AI

IDFC FIRST Bank (BSE: IDFCFIRSTB) has scheduled a board meeting for April 26, 2025, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2025. In conjunction with this, the bank announced the closure of its trading window for designated persons and their immediate relatives from April 1, 2025, until April 28, 2025, in accordance with the Code of Conduct for Prohibition of Insider Trading Regulations. Separately, the bank also announced the allotment of 392,224 equity shares with a face value of INR 10 each to eligible employees exercising stock options under the IDFC FIRST Bank - Employee Stock Option Scheme (ESOS). These shares rank pari-passu with existing equity shares, increasing the bank's issued and paid-up equity share capital from INR 73,21,71,47,600 to INR 73,22,10,69,840. Additionally, the Nomination & Remuneration Committee approved granting 550,000 stock options to eligible employees under the IDFC FIRST Bank ESOS, vesting equally over five years with a three-year exercise period, per SEBI regulations.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:IDFCFIRSTBBombay Stock Exchange

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