US-based investment firm Wasatch Advisors LP has reduced its shareholding in Five-Star Business Finance Ltd through the disposal of equity shares via open market transactions. The transaction, completed on December 26, 2025, involved the sale of 63,741 shares, representing a 0.03% reduction in the firm's stake in the non-banking financial company.

Transaction Details

The share disposal transaction resulted in Wasatch Advisors LP's holding decreasing from 21,370,772 shares to 21,307,031 shares. This represents a reduction in shareholding percentage from 7.26% to 7.23% of Five-Star Business Finance's total voting capital.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Dan Thurber, Vice President and General Counsel at Wasatch Advisors LP, signed the disclosure on behalf of the firm from their Salt Lake City office. The filing confirms that Wasatch Advisors LP does not belong to the promoter or promoter group of Five-Star Business Finance.

Company Share Capital Structure

Five-Star Business Finance Ltd maintains its equity share capital at ₹29.45 crores, based on a par value of ₹1.00 per share and total issued shares of 294,533,548. The company's shares are listed on both BSE (scrip code: 543663) and NSE (scrip code: FIVESTAR), providing liquidity for such institutional transactions.

The transaction reflects routine portfolio management activities by the institutional investor, with the disposal conducted through regular market mechanisms without any off-market or preferential arrangements.

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.