RBL Bank Limited has informed the Exchange about allotment of shares pursuant to exercise of stock options.

RBL Bank has informed the stock exchange about the allotment of new equity shares following the exercise of stock options by eligible employees under its Employee Stock Option Plan (ESOP). This is a routine corporate action where employees have converted their stock options into actual shares. The exact number of shares allotted and the price were not specified in the headline. Such allotments periodically increase the total outstanding share count of the company. This type of disclosure is mandatory under listing regulations whenever new shares are issued.