Announced Mon, 13 Jul · 17:43 IST
Bandhan Bank allots 23,165 shares under ESOP Series 1
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BANDHANBNK · price
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Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹212.60
prior close
₹208.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+1.0+0.4+0.3+1.9+0.9+0.2-0.3-2.5-21.9————
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AI summary
Bandhan Bank's Nomination and Remuneration Committee approved allotment of 23,165 equity shares of face value Rs. 10 each to eligible employees upon exercise of vested options under ESOP Series 1. Post allotment, paid-up equity share capital rose to Rs. 1,611.10 crore comprising 1,61,11,01,165 shares. The new shares rank pari passu with existing shares for dividend purposes.
Likely market impact
Minor equity dilution of about 0.0014 percent from ESOP allotment; routine employee benefit exercise with no material impact on shareholders.