YES Bank Limited has informed the Exchange regarding allotment of 345283 securities pursuant to ESOP/ESPS at its meeting held on January 23, 2026
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Yes Bank has allotted 345,283 equity shares to its employees under its Employee Stock Option Plan (ESOP) or Employee Stock Purchase Scheme (ESPS). The allotment was approved at a meeting held on January 23, 2026. This is a routine process where employees exercise their stock options granted earlier. The number of shares allotted is small relative to the bank's overall share base, so the dilutive impact is minimal. The bank has informed the stock exchange of this allotment as required under listing rules.
Minor dilution for existing shareholders due to the issuance of new shares, though the impact is negligible given the small size. No material effect expected on the stock price.