BANDHANBNKNSEBandhan Bank LimitedMediumNeutral
Announced Mon, 16 Mar · 19:07 IST

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.

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BANDHANBNK · price

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Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹162.17
prior close
₹163.00
base price
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-1.7-1.7-1.1-2.0+0.7-1.8-2.3-8.7-7.7-8.2+3.6+7.5+17.4+31.6
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AI summary

Bandhan Bank's Nomination and Remuneration Committee approved the allotment of 909 equity shares (face value Rs. 10 each) to eligible employees upon exercise of vested options under the Bank's Employee Stock Option Plan Series 1 on March 16, 2026. The newly issued shares will rank equally with existing shares, including for dividend purposes. Post-allotment, the bank's paid-up equity share capital rose marginally from Rs. 1,610.97 crore (161.09 crore shares) to Rs. 1,610.97 crore (161.10 crore shares). This is a routine ESOP-related disclosure and involves a very small number of shares relative to the total share base.

Likely market impact

This is a minor, routine ESOP allotment with negligible impact on shareholding pattern or stock price. Existing shareholders are not materially diluted as only 909 new shares were issued.