Axis Bank has allotted 123,174 equity shares of ₹2 each on August 18, 2026, pursuant to exercise of stock options and units under its Employee Stock Option Plan (ESOP) and Restricted Stock Unit (RSU) Scheme. According to reports from Business Standard, this allotment represents a significant employee benefit exercise by the bank's workforce.
The allotment has resulted in an increase in the bank's paid-up share capital from ₹6,225.56 crore to ₹6,225.81 crore. As reported by Business Standard, the paid-up share capital now stands at ₹6,225.81 crore, representing an increase of ₹2.25 crore. The total number of equity shares has grown from 31.13 crore to 31.13 crore and 90,541 shares. The bank has notified the National Stock Exchange of India and BSE Limited of the share allotment, with Company Secretary Sandeep Poddar signing the regulatory filing. The bank has also copied the London Stock Exchange and Singapore Stock Exchange regarding this allotment.
The allotment represents a ₹2.46 lakh value addition to the bank's equity base, calculated at the face value of ₹2 per share. According to Business Standard, this employee stock benefit exercise demonstrates the bank's continued commitment to rewarding its workforce through equity participation schemes. The bank trades on NSE under the symbol AXISBANK and on BSE under scrip code 532215.
