IDFC First Bank Ltd

📈 IDFC First Bank Grants 3.5 Crore Stock Options to Employees

• 3.5 crore (35,000,000) equity stock options granted to eligible employees

• Options vest equally over 4 years (25% each year)

• 3-year exercise period from each vesting date

• Pankaj Singh appointed as new Chief Human Resources Officer (CHRO) effective April 27, 2026

• Mr. Singh brings 24 years of HR experience, previously Head HR for Retail Banking, Operations and Customer Experience

• Current CHRO Mr. Adrian Andrade will superannuate at end of July 2026

• Following transition, Mr. Andrade will handle strategic projects and continue reporting to MD & CEO