AXISBANKBSEAXIS Bank LtdLowNeutral
Announced Tue, 12 May · 22:12 IST

ESOP ALLOTMENT

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AXISBANK · price

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Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹1263.50
prior close
₹1256.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.1-0.1-0.5-0.7-1.4-2.3-2.0-1.0+1.9-0.7+8.0+4.5
Up moveDown movePending
AI summary

Axis Bank has allotted 382,508 equity shares of Rs. 2 each to employees who exercised their stock options under the bank's ESOP/RSU scheme. The paid-up share capital increased from Rs. 6,217,929,144 to Rs. 6,218,694,160. Total equity shares increased from 3,108,964,572 to 3,109,347,080. This is a routine corporate action following the exercise of employee stock options.

Likely market impact

Minor dilution of approximately 0.01% of total shares. No material impact on shareholders or stock price expected as this is a routine ESOP exercise.