Axis Bank has completed the allotment of 1,38,572 equity shares on January 6, 2026, as part of its Employee Stock Option Plan (ESOP) and Restricted Stock Unit (RSU) scheme exercise. The bank informed the stock exchanges about this corporate action through an official communication dated January 6, 2026.

Share Allotment Details

The allotment comprises equity shares with a face value of ₹2.00 each, issued pursuant to the exercise of stock options and units under the bank's employee incentive schemes. This represents a standard corporate action for employee compensation programs.

Impact on Share Capital

The allotment has resulted in an increase in Axis Bank's paid-up share capital structure. The bank's total equity base has expanded following the incorporation of these newly allotted shares.

Regulatory Compliance

Axis Bank has duly informed both the National Stock Exchange of India Limited (NSE) and BSE Limited about this allotment, maintaining compliance with listing requirements. The communication was signed by Sandeep Poddar, Company Secretary, ensuring proper corporate governance protocols were followed.

The allotment reflects the bank's ongoing employee retention and incentivization strategy through equity participation schemes. Such ESOP and RSU exercises are routine corporate actions that allow employees to convert their stock options into actual equity shares, thereby increasing their stake in the organization's performance and growth.

Axis Bank , India's third largest private lender by market capitalisation, has released provisional key financial figures for the third quarter, demonstrating strong growth momentum across all major business parameters. The bank reported robust expansion in both deposit mobilization and lending activities during the quarter, with shares gaining 1.55% to close at ₹1,286.50.

Strong Deposit Growth Momentum

The bank's deposit franchise showed impressive growth with total deposits reaching ₹12.60 lakh crore as of December 31. This represents a substantial year-on-year increase of 15.00% from ₹10.96 lakh crore in the corresponding quarter of the previous year. Quarter-on-quarter growth was equally strong at 4.80% from ₹12.04 lakh crore in the previous quarter.

Advances Portfolio Expansion

Gross advances demonstrated healthy growth, reaching ₹11.70 lakh crore, marking a significant 14.10% year-on-year increase from ₹10.26 lakh crore in the same quarter last year. The sequential growth was 3.70% from ₹11.28 lakh crore in the previous quarter, indicating sustained lending momentum across the bank's portfolio.

Quarterly Average Performance

The bank's quarterly average deposit balances also showed strong performance, with total deposits averaging ₹11.97 lakh crore during the quarter, representing a 12.30% year-on-year growth and 5.10% quarter-on-quarter increase. CASA deposits on a quarterly average basis grew 8.90% year-on-year to ₹4.48 lakh crore, while term deposits averaged ₹7.49 lakh crore, up 14.40% from the previous year.

Market Performance and Outlook

Shares of Axis Bank settled at ₹1,286.50, gaining ₹19.60 per share or 1.55% over the previous closing price. The stock has been a market outperformer with 19.00% returns over a one-year period compared to 9.00% returns by Nifty in the same period. The stock is currently trading above its 50-day and 200-day simple moving averages of ₹1,253.00 and ₹1,171.00, respectively. The bank has shared these provisional figures in compliance with regulatory requirements, with final results to be announced following the completion of the statutory auditors' review process.