Equitas Small Finance Bank Limited has informed the Exchange regarding Allotment of 48596 Shares pursuant to exercise of Employees Stock Options under the ESFB Employee Stock Option Scheme, 2019 ( ESOP Scheme )
EQUITASBNK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Equitas Small Finance Bank allotted 48,596 equity shares of Rs. 10 each on May 7, 2025, 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 rose from Rs. 1,14,01,80,00,470 to Rs. 1,14,02,28,6,430. The newly issued shares will rank equally with existing equity shares in all respects. This is part of the bank's regular employee incentive program.
This is a routine ESOP allotment with negligible dilution given the small size relative to the bank's overall capital. No material impact expected on shareholders or the stock price.