Mumbai, February 11, 2026 – India’s third-largest private sector lender, Axis Bank Limited, has officially informed the stock exchanges (NSE and BSE) regarding a fresh allotment of equity shares. This corporate action, completed on February 10, 2026, marks another step in the bank’s ongoing employee engagement and capital restructuring strategy.
1. The Allotment Details: ESOP & RSU Execution
In a formal filing (Ref: AXIS/CO/CS/613/2025-26), Axis Bank confirmed the allotment of 4,83,153 equity shares with a face value of ₹2 each. These shares were issued to eligible employees who exercised their options under the Bank's Employee Stock Option Plan (ESOP) and Restricted Stock Unit (RSU) schemes.
2. Impact on Paid-Up Share Capital
Following this allotment, the bank’s total equity base has expanded. Here is the "Before vs. After" breakdown of the bank’s capital structure:
| Metric | Before Allotment (Feb 9, 2026) | After Allotment (Feb 10, 2026) |
| Paid-up Share Capital (₹) | 6,21,17,94,766 | 6,21,27,61,072 |
| Total Number of Shares | 3,10,58,97,383 | 3,10,63,80,536 |
| Face Value per Share | ₹2 | ₹2 |
3. Stock Performance & 52-Week High Context
As of today, February 11, 2026, Axis Bank continues to trade near its historic peaks, showing strong resilience despite the minor dilution caused by the new share issuance.
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Current Market Price (CMP): ~₹1,356.70
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52-Week High: ₹1,418.30 (Achieved on Feb 3, 2026)
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52-Week Low: ₹978.05
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Technical Outlook: The stock is trading comfortably above its 50-day and 200-day Moving Averages. Analysts maintain a "Buy" sentiment, with an average target price hovering around ₹1,489.
Investor Takeaway: Why This Matters?
While the allotment of ~4.83 lakh shares leads to a very marginal dilution, it is generally viewed as positive for long-term sentiment. ESOP exercises often indicate that the bank's senior management and employees are bullish on the stock's future performance, as they are choosing to hold equity instead of cash.
Key Watchpoint: Keep an eye on the ₹1,405 resistance level. If the bank sustains above this after today’s opening, a re-test of the 52-week high (₹1,418) is highly probable.