Intimation of allotment of equity shares pursuant to exercise of stock options under YBL ESOS 2020 Scheme and YBL RSU Plan 2024
YESBANK · price
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Yes Bank's Nomination & Remuneration Committee approved allotment of 5,089,979 equity shares (face value Rs. 2 each) on May 7, 2026. These shares were allotted to employees who exercised their stock options under the YBL ESOS 2020 Scheme and YBL RSU Plan 2024. The bank received Rs. 7.14 crore from the exercise of these options, implying an average exercise price of approximately Rs. 14 per share. As a result, the bank's paid-up share capital increased from Rs. 6,276.09 crore to Rs. 6,277.11 crore, with total shares increasing from 31,380.44 million to 31,385.53 million.
This is a routine employee stock option exercise causing minimal dilution of approximately 0.016% to existing shareholders. The impact on the stock price is negligible, though it slightly increases the total number of shares in circulation.