ESAF Small Finance Bank Allots 13,898 Equity Shares Under Employee Stock Option Scheme
ESAF Small Finance Bank Limited allotted 13,898 equity shares to employees under its Employee Stock Option Scheme 2019 on April 13, 2026. The shares were issued at an exercise price of Rs. 15.51 per share with a face value of Rs. 10 each. Post-allotment, the bank's total issued share capital stands at Rs. 515,67,65,110 comprising 51,56,76,511 shares. The allotment complies with SEBI regulations and the newly issued shares rank pari-passu with existing equity shares.
*this image is generated using AI for illustrative purposes only.
ESAF Small Finance Bank Limited has completed the allotment of 13,898 equity shares to eligible employees under its Employee Stock Option Scheme 2019. The allotment was approved by the Nomination, Remuneration and Compensation Committee of the Board of Directors on April 13, 2026, in accordance with SEBI regulations.
Share Allotment Details
The bank allotted equity shares with specific pricing and structural parameters to employees who exercised their vested options under the 2019 scheme.
| Parameter: | Details |
|---|---|
| Number of Shares Allotted: | 13,898 |
| Face Value per Share: | Rs. 10.00 |
| Exercise Price per Share: | Rs. 15.51 |
| Premium per Share: | Rs. 5.51 |
| Date of Allotment: | April 13, 2026 |
| Time of Occurrence: | 02:00 P.M. |
Post-Allotment Capital Structure
Following the share allotment, the bank's capital structure has been updated to reflect the additional equity shares issued to employees.
| Metric: | Amount/Number |
|---|---|
| Total Issued Shares: | 51,56,76,511 |
| Total Issued Share Capital: | Rs. 515,67,65,110 |
| Distinctive Numbers: | 515662614 - 515676511 |
Regulatory Compliance
The allotment was conducted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The bank filed the required statement under regulation 10(b) on February 24, 2024, with filing numbers BSE: 195921 and NSE: 40258.
Share Characteristics
The newly allotted equity shares carry identical rights and privileges as existing shares. All equity shares allotted pursuant to the exercise of stock options rank pari-passu with the existing equity shares of the bank. The shares are issued in demat form under ISIN number INE818W01011, with no lock-in period applicable to these shares.
The bank has listed its shares on BSE Limited and National Stock Exchange of India Limited, ensuring compliance with both exchanges' disclosure requirements and circular guidelines dated July 14, 2023.
Historical Stock Returns for ESAF Small Finance Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.13% | -0.13% | -1.07% | -15.01% | -13.75% | -65.30% |
How will the dilution from this ESOP allotment impact ESAF Small Finance Bank's earnings per share and return on equity metrics?
What percentage of the total ESOP pool has now been exercised, and how many more tranches are expected to vest in the coming quarters?
Will the relatively low exercise price of Rs. 15.51 compared to current market levels indicate strong employee confidence in the bank's growth prospects?
16
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
