Yes Bank Limited has informed the Exchange regarding Allotment of 223153 equity shares pursuant to exercise of stock options under YBL ESOS 2020 Scheme and YBL RSU Plan 2024.
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Yes Bank has allotted 223,153 equity shares of Rs. 2 each to employees who exercised their stock options under the YBL ESOS 2020 Scheme and YBL RSU Plan 2024. The bank received Rs. 26,01,340.50 from the exercise of these options. Following the allotment, the paid-up share capital increased from Rs. 62,760,432,748 to Rs. 62,760,879,054, with total shares rising from 31,380,216,374 to 31,380,439,527. This is a routine disclosure under SEBI LODR regulations.
Minimal impact on shareholders due to negligible dilution - the 223,153 new shares represent less than 0.001% of total shares outstanding. This is a standard employee compensation event.