IDFC First Bank Limited — Board Meeting, 26-04-2025: Outcome of Board Meeting

The Board of IDFC FIRST Bank has approved the grant of 3,99,42,010 equity stock options to eligible employees as part of its annual reward strategy for FY 2024-25, aimed at incentivizing and retaining talent. Additionally, the bank announced a reallocation of responsibilities following the untimely passing of Mr. Chinmay Dhoble, with roles assigned to Ms. Shikha Hora Kamdar and Mr. Ashish Singh. The Board also appointed M/s. Makarand M. Joshi & Co. as the Secretarial Auditor for a five-year term, pending shareholder approval at the upcoming Annual General Meeting.