Axis Bank has completed the allotment of equity shares under its Employee Stock Option Plan (ESOP) and Restricted Stock Unit (RSU) scheme on December 23, 2025. The allotment represents the exercise of stock options by employees, resulting in an expansion of the bank's share capital base.

Share Allotment Details

The bank allotted 5,02,455 equity shares of ₹2.00 each following the exercise of stock options and units under its ESOP/RSU scheme. This allotment was completed on December 23, 2025, as part of the bank's ongoing employee stock compensation program.

Impact on Share Capital

The allotment has resulted in a corresponding increase in the bank's paid-up share capital structure. The share capital expansion reflects the conversion of employee stock options into actual equity holdings.

Regulatory Compliance

The bank has informed both the National Stock Exchange of India Limited (NSE) and BSE Limited about this share allotment in compliance with regulatory requirements under Regulation 30. The communication was sent to the respective listing compliance departments of both exchanges.

The allotment demonstrates the bank's continued implementation of its employee stock ownership programs, allowing eligible employees to convert their stock options and restricted stock units into equity shares. This corporate action maintains transparency with stakeholders while fulfilling the bank's obligations under its structured employee compensation schemes.

Axis Bank Limited has completed the allotment of equity shares under its Employee Stock Option Plan (ESOP) and Restricted Stock Unit (RSU) scheme on December 16, 2025. The bank communicated this development to both the National Stock Exchange of India Limited and BSE Limited through official correspondence.

Share Allotment Details

The bank allotted 2,45,902 equity shares of face value ₹2 each pursuant to the exercise of stock options and units under its ESOP/RSU scheme. This allotment represents the conversion of employee stock options into actual equity shares, a routine corporate action for companies with employee incentive programs.

Impact on Share Capital Structure

The allotment has resulted in a marginal increase in the bank's paid-up share capital. The paid-up share capital increased from ₹6,208,485,224 to ₹6,208,977,028, representing an addition of ₹4,91,804 to the existing capital base. The total number of outstanding equity shares has risen from 3,104,242,612 shares to 3,104,488,514 shares.

Regulatory Compliance

Axis Bank has fulfilled its regulatory obligations by promptly informing the stock exchanges about this corporate action. The communication was sent to both NSE (symbol: AXISBANK) and BSE (scrip code: 532215) on the same day as the allotment. The notification was signed by Sandeep Poddar, Company Secretary of Axis Bank Limited, ensuring proper authorization and compliance with listing requirements.

ESOP Scheme Implementation

The share allotment under the ESOP/RSU scheme reflects the bank's ongoing employee retention and incentive strategy. Such schemes typically allow eligible employees to convert their vested stock options into equity shares at predetermined exercise prices, aligning employee interests with shareholder value creation.