Axis Bank allots 89,801 equity shares under ESOP; Stock dips 1%

Axis Bank allots 89,801 equity shares under ESOP.

Mar 16, 2021 09:03 IST India Infoline News Service

Axis Bank
Axis Bank has informed the exchange that the Bank has allotted 89,801 equity shares of Rs. 2/- each of the Bank on 15th March 2021, pursuant to exercise of stock options under its ESOP Scheme.

The paid up share capital of the Bank will accordingly increase from Rs612,65,84,226 (306,32,92,113 equity shares of Rs. 2/- each to Rs612,67,63,828 (306,33,81,914 equity shares of Rs. 2/- each).

Axis Bank was currently trading at Rs738.05 apiece down by Rs6.6 or 0.89% from its previous closing of Rs744.65 apiece on the BSE.

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