HDFC Bank Allots 1.32 Million ESOP Shares

Key Quantitative Figures

• Number of equity shares allotted: 13,16,960 (1,316,960)
• Face value of each share: Re. 1
• Pre-allotment paid-up share capital: 15,39,63,32,196 equity shares (1,539,633,2196)
• Post-allotment paid-up share capital: 15,39,76,49,156 equity shares (1,539,764,9156)
• Increase in share capital: 13,16,960 shares

Parties Involved

• Issuing entity: HDFC Bank Limited
• Recipients: Employees of the Bank
• Regulatory recipients: BSE Limited (Scrip Code: 500180) and National Stock Exchange of India Limited (Scrip Symbol: HDFCBANK)

Purpose/Rationale

The allotment was made pursuant to exercise of Options/RSU's under the Bank's Employees Stock Options Scheme (ESOS).

Capital Structure Impact

The allotment results in a dilution of approximately 0.0086% in the bank's equity share capital, increasing the total number of outstanding shares from 1,539,633,2196 to 1,539,764,9156 shares.