HDFC Bank allots over 8.88 lakh equity shares under ESOS; Stock rises

29 Mar 2022 , 10:05 AM

HDFC Bank Ltd has informed that the Bank has allotted 8,88,600 equity shares to the employees of the Bank pursuant to exercise of options under its Employees Stock Options Scheme (ESOS).

The Paid up Share Capital of the Bank will accordingly increase from Rs. 5544652376 equity shares of Re.1/- each to Rs. 5545540976 equity shares of Re.1/- each, the bank said in a regulatory filing on Monday.

At around 10:08 AM, HDFC Bank was trading at Rs1,439.10 apiece up by Rs6.2 or 0.43% from its previous closing of Rs1,432.90 apiece on the BSE.