Axis Bank allots 49.2k equity shares under ESOP scheme

Indian private banking group Axis Bank said that it has allotted 49,283 equity shares, priced at INR 2 each, on 14 December 2021, pursuant to the exercise of stock options under its employee stock ownership plan (ESOP) scheme.

Following the allotting of the shares, the paid up share capital of Axis Bank will increase accordingly to INR 6.135 billion (3.06 billion equity shares of INR 2 each) to INR 6.1351 billion (3.067 equity shares of INR 2 each).

Axis Bank allots 49.2k equity shares under ESOP scheme. Photo courtesy of Christopher J. Fynn/Wikipedia.org.