Axis Bank allots equity shares, capital base increases

Axis Bank (BSE:AXISBANK) announced today the allotment of 261,363 equity shares. The shares, with a face value of INR2 each, were issued on April 16, 2025, following the exercise of stock options under its Employee Stock Option Plan (ESOP) / Restricted Stock Unit (RSU) Scheme. As a result of this allotment, the bank's paid-up share capital has increased from INR6,194,850,580 (comprising 3,097,425,290 equity shares) to INR6,195,373,306 (comprising 3,097,686,653 equity shares). This increase reflects the conversion of employee stock options into equity, further distributing the bank's ownership base.