Bandhan Bank Limited has informed the Exchange regarding Allotment of Equity Shares of the Bank pursuant to exercise of Options under Bandhan Bank Employee Stock Option Plan Series 1.

Bandhan Bank's Nomination and Remuneration Committee approved the allotment of 39,369 equity shares (Rs. 10 face value each, fully paid-up) to eligible employees who exercised their vested options under the ESOP Series 1. The new shares will rank pari passu with existing shares for dividend and other rights. Post-allotment, the bank's paid-up capital increased marginally from Rs. 16,10,97,85,870 to Rs. 16,11,01,79,560, with share count rising from 1,61,09,78,587 to 1,61,10,17,956. The dilution is minimal at under 0.003%.