Axis Bank Allots 326,279 Equity Shares Under ESOP Scheme
MUMBAI, May 26, 2026: Axis Bank Limited has informed the stock exchanges that it has allotted 3,26,279 equity shares pursuant to the exercise of stock options and restricted stock units (RSUs) by its employees under the bank’s existing ESOP/RSU Scheme.
The allotment was completed on May 26, 2026, according to a filing submitted to the National Stock Exchange (NSE) and BSE Limited by the bank’s Company Secretary, Sandeep Poddar.
Increase in Paid-Up Capital
Following the fresh allotment, the paid-up share capital of the private sector lender has increased.
|
Particulars |
Before Allotment |
After Allotment |
|---|---|---|
|
Total Paid-Up Capital |
₹ 6,21,92,09,828 |
₹ 6,21,98,62,386 |
|
Number of Equity Shares |
3,10,96,04,914 |
3,10,99,31,193 |
|
Face Value per Share |
₹ 2 |
₹ 2 |
The increase in the number of outstanding shares is a routine consequence of employees exercising vested stock options, converting them into equity shares of the bank.
Background on ESOP Allotments
Axis Bank, like most major corporations, maintains employee stock option plans to attract, retain, and incentivize key talent. Allotments under these schemes occur periodically, with each such exercise requiring formal intimation to the stock exchanges under applicable SEBI listing regulations.
The bank’s scrip is listed on the BSE (Scrip Code: 532215) and the NSE (Symbol: AXISBANK).
Company Secretary Sandeep Poddar signed off on the notice, requesting the exchanges to take the information on record.