FilingReader Intelligence

Axis Bank increases share capital through ESOP allotment

August 26, 2025 at 07:05 PM UTCBy FilingReader AI

Axis Bank has announced the allotment of 59,030 equity shares, each valued at Rs. 2/-, on August 26, 2025. This allotment was executed through the exercise of stock options and units under its ESOP/RSU scheme. The move signifies a planned increase in the bank's equity base.

As a direct consequence of this allotment, the paid-up share capital of Axis Bank has increased. The capital has risen from Rs. 6,204,665,366, which previously represented 3,102,332,683 equity shares, to Rs. 6,204,783,426. This new figure corresponds to a total of 3,102,391,713 equity shares, each still valued at Rs. 2/-.

The announcement, issued by Sandeep Poddar, company secretary, ensures the market is informed about these changes to the bank's capital structure. Both the National Stock Exchange of India Limited and BSE Limited have been notified to record this development.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:AXISBANKBombay Stock Exchange

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