Yes Bank Limited has informed the Exchange regarding allotment of 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 50,89,979 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. 7.14 crore from this exercise. Following the allotment, the paid-up share capital increased from Rs. 6,276.09 crore to Rs. 6,277.11 crore, with total shares rising from 31.38 billion to 31.39 billion. This represents a routine dilution of approximately 0.016% of total shares.
Minor equity dilution from employee stock option exercises. The impact on existing shareholders is negligible given the small share increase, and the exercise price appears to be at a significant discount to market price based on the amount raised.