Yes Bank Limited has informed the Exchange regarding Allotment of 459317 Shares.
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Yes Bank has allotted 459,317 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. 61,54,724.50 from the exercise of these options. Following this allotment, the paid-up share capital increased from Rs. 62,759,514,114 to Rs. 62,760,432,748. The total number of equity shares increased from 31,379,757,057 to 31,380,216,374. This is a routine corporate action under the bank's employee stock ownership programmes.
This is a minor share dilution of approximately 0.0015% from ESOP exercises. The impact on existing shareholders is negligible as this represents employee compensation through stock options rather than a capital-raising exercise.