Axis Bank rewards employees with 4,22,066 shares for exercising stock options

Axis Bank rewards employees with 4,22,066 shares for exercising stock options

The paid up share capital of the lender stands at Rs 615,51,88,658 after the allotment.

Aiyub Dawood FPJ Web DeskUpdated: Monday, April 17, 2023, 10:03 PM IST
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According to an exchange filing, Axis Bank has allotted 4,22,066 equity shares worth Rs 2 per unit to employees who exercised stock options.

This has increased the paid up share capital of the lender to Rs 615,51,88,658 till date.