News Announcement

IDFC[Merged]: Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Pursuant to the provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that the Allotment & Share Transfer Committee of IDFC Limited has today approved allotment of 11 81 120 fully paid up equity shares of Rs.10/- each of IDFC Limited in terms of the IDFC ESOS- 2016 and ESOS-2007 (ESOS Scheme). Further the ESOS scheme is in compliance with the SEBI (Share Based Employee Benefits) Regulations 2014. The total money realized by exercise of the aforesaid options is Rs. 7 39 94 683/- (including Perq Tax of Rs. 1 03 55 090.62/-).With the allotment of the above shares the Equity Share Capital of the Company stands increased to 1 59 92 20 378 equity shares of Rs. 10/- each aggregating to Rs. 15 99 22 03 780/- Kindly take note of the same.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.