Axis Bank allots over 2 lakh equity shares under ESOP; Stock trades higher

Axis Bank allots over 2 lakh equity shares under ESOP.

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

Axis Bank has informed the exchanges that the Bank has allotted 2,30,140 equity shares of Rs2/- each of the Bank on 8th March 2021, pursuant to exercise of stock options under its ESOP Scheme.

The paid up share capital of the Bank will accordingly increase from Rs612,61,23,946 (306,30,61,973 equity shares of Rs2/- each) to Rs612,65,84,226 (306,32,92,113 equity shares of Rs2/- each).

Axis Bank was currently trading at Rs752.05 per piece up by Rs9.15 or 1.23% from its previous closing of Rs742.90 per piece on the BSE, at around 9:30 AM

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