IDFC First Bank Limited has announced the allotment of 5,71,443 equity shares to eligible employees under its Employee Stock Option Scheme (IDFC FIRST Bank-ESOS). The duly authorized Committee of the Board of Directors approved this allotment on December 10, 2025, marking a significant step in the bank's employee engagement strategy.

Allotment Details

The key parameters of the share allotment are outlined below:

Impact on Share Capital Structure

The allotment has resulted in an increase in the bank's issued and paid-up equity share capital:

Regulatory Framework and Rights

The newly allotted equity shares will rank pari-passu with the existing equity shares of the bank in all respects, ensuring equal rights and privileges for all shareholders. This allotment was conducted under the bank's established Employee Stock Option Scheme, which allows eligible employees to exercise their vested stock options.

Market Communication

IDFC First Bank has communicated this development to both the National Stock Exchange of India Limited (NSE Symbol: IDFCFIRSTB) and BSE Limited (Scrip Code: 539437) as part of its disclosure obligations under Regulation 30 of the SEBI Listing Regulations. The communication was signed by Satish Gaikwad, General Counsel and Company Secretary of the bank.

This employee stock option exercise reflects the bank's commitment to aligning employee interests with shareholder value creation and demonstrates confidence among employees in the institution's long-term prospects.

Five Star Business Finance , a prominent player in the small business loan segment, has reported a stable performance for the second quarter, with key metrics showing signs of stabilization and improvement.

Financial Highlights

• Profit: The company achieved a profit of Rs. 286.00 crores, representing a 7% growth compared to the previous quarter.
• Return on Assets (ROA): Improved from 7.24% to 7.49%.
• Return on Equity (ROE): Increased from 16.57% to 16.91%.

Operational Performance

• Disbursements: Stood at Rs. 1,196.00 crores versus Rs. 1,290.00 crores in Q1, attributed to additional underwriting controls implemented during the quarter.
• Collection Efficiency:
  • From unique customers: Remained stable at 95.1%
  • Overall: Improved from 96.3% to 96.7%
• Branch Expansion: Added 33 branches and 769 business and collection officers during Q2.
• Credit Costs: Maintained at around 1.34%, marginally higher than Q1.

Financial Management

• Debt Availed: Incremental debt of Rs. 1,068.00 crores at 8.56% cost.
• Strategic Partnership: Onboarded J.P. Morgan for Rs. 650.00 crores investment in PTCs.

New Product Launch

Five Star Business Finance has launched its housing loan product, with initial files being processed. The company expects this to be a lever for growth in the coming years.

Management Outlook

The management expects better performance in Q3 and stronger results in Q4, maintaining their annual guidance of 25% AUM growth and credit costs of 1.25-1.35%.

Key Financial Metrics

Future Outlook

The company remains optimistic about its growth trajectory, citing stabilization across key metrics and the potential for improved performance in the coming quarters. The introduction of the housing loan product and strategic partnerships are expected to contribute to the company's growth strategy.

Five Star Business Finance continues to focus on maintaining a balance between growth and asset quality, as evidenced by the additional underwriting controls implemented during the quarter. The management's confidence in meeting their annual guidance suggests a positive outlook for the remainder of the fiscal year.