Key Quantitative Figures
- Number of Equity Shares Allotted: 281,212
- Face Value per Share: ₹2
- Total Value of Allotment: ₹562,424
- Pre-allotment Paid-up Capital: ₹6,222,166,390 (comprising 3,111,083,195 equity shares)
- Post-allotment Paid-up Capital: ₹6,222,728,814 (comprising 3,111,364,407 equity shares)
- Increase in Paid-up Capital: ₹562,424
Parties Involved
- Issuing Entity: Axis Bank Limited
- Regulatory Recipients: National Stock Exchange of India Limited (NSE), BSE Limited
- Additional Recipients (cc): London Stock Exchange, Singapore Stock Exchange
Purpose or Rationale
The allotment was made pursuant to the exercise of stock options/units under the bank's Employee Stock Option Plan (ESOP) / Restricted Stock Unit (RSU) Scheme.
Capital Structure Impact
The allotment resulted in a minor increase of 0.009% in the total number of outstanding equity shares, from 3,111,083,195 to 3,111,364,407 shares.