Axis Bank Limited has informed the Exchange regarding allotment of 118404 securities pursuant to ESOP/ESPS at its meeting held on July 09, 2025
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Axis Bank has allotted 118,404 equity shares of Rs. 2 each on July 9, 2025, pursuant to the exercise of stock options and RSUs under its employee stock option and RSU scheme. As a result, the bank's paid-up share capital has increased marginally from Rs. 620.27 crore (3,101,351,130 shares) to Rs. 620.29 crore (3,101,469,534 shares). This is a routine corporate action related to employee compensation and does not involve any fresh capital raise from the market. The increase represents a very small fraction of the total share count.
The dilution from this allotment is negligible (approximately 0.004% increase in share count) and is unlikely to have any material effect on the stock price or existing shareholders' value. This is a standard, recurring disclosure for large listed companies with active employee stock plans.