💼 IDFC FIRST Bank Allots 40 Lakh Shares via ESOP | Paid-Up Capital Hits ₹7,330 Cr

By Prashant Marathe | 23 May 2025 | EduInvesting

📌 At a Glance

IDFC FIRST Bank just pulled off a smooth ESOP allotment for over 40 lakh shares — quietly minting new millionaires (or at least some decently rich employees).

Let’s break down the corporate DNA extraction:

These fresh shares were allotted to employees under the bank’s ESOS (Employee Stock Option Scheme), and rank pari-passu with all other existing shares. In simple terms — they’re just as good as the OG shares.

🧾 What’s the Story?

Here’s what