EQUITASBNKNSEEquitas Small Finance Bank LimitedLowNeutral
Announced Mon, 6 Apr · 17:32 IST

Equitas SFB allots 2.42 lakh shares under ESOP scheme

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EQUITASBNK · price

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Price reaction · full curve 14 horizons · vs prior close
+10.9%1-day move
₹55.00
prior close
₹54.98
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-0.4-0.2-0.7+10.9+7.5+11.5+14.3+18.5+19.2+21.3+33.0+34.5+44.5
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AI summary

Equitas Small Finance Bank has allotted 2,42,057 equity shares of Rs. 10 each to employees who exercised their stock options under the ESFB Employee Stock Option Scheme, 2019. As a result, the bank's paid-up share capital has increased from Rs. 1,141.04 crore to Rs. 1,141.29 crore. The newly issued shares will carry the same rights as existing equity shares.

Likely market impact

Minor dilution for shareholders due to new share issuance. Routine ESOP allotment; no material impact on stock price or shareholder value.