Bandhan Bank Allots Equity Shares To Employees As Stock Option

Bandhan Bank Allots Equity Shares To Employees As Stock Option

The equity shares so allotted under the ESOP Series 1 shall rank pari passu with the existing equity shares of the Bank in all respects including dividend.

FPJ Web DeskUpdated: Tuesday, December 12, 2023, 11:49 AM IST
article-image
Bandhan Bank Allots Equity Shares To Employees As Stock Option | Bandhan Bank

Bandhan Bank Limited on Tuesday announced that the Nomination and Remuneration Committee of the Board of the Bank on December 12, 2023, approved the allotment of 181 equity shares of face value of Rs 10 each fully paid-up to eligible employees of the Bank upon exercise of the Options vested with them under the ESOP Series 1, the company announced through an exchnage filing.

The equity shares so allotted under the ESOP Series 1 shall rank pari passu with the existing equity shares of the Bank in all respects including dividend.

Post allotment, the issued and paid-up equity share capital of the Bank stands increased from Rs. 16,10,90,73,730 comprising of 1,61,09,07,373 equity shares of Rs 10 each fully paid-up to Rs. 16,10,90,75,540 comprising of 1,61,09,07,554 equity shares of Rs 10 each fully paidup.

Bandhan Bank Limited shares

The shares of Bandhan Bank Limited on Tuesday at 11:45 am IST were trading at Rs 241.90, up by 1.66 percent.

RECENT STORIES

Analysis: Why The Skymet Forecast Matters To Policymakers

Analysis: Why The Skymet Forecast Matters To Policymakers

Ultraviolette Unveils 8 Lakh km Warranty for F77 Electric Motorcycle

Ultraviolette Unveils 8 Lakh km Warranty for F77 Electric Motorcycle

Aviation Industry Blooms: Domestic Air Passenger Traffic Likely Touched 15.4 Crore In 2023-24

Aviation Industry Blooms: Domestic Air Passenger Traffic Likely Touched 15.4 Crore In 2023-24

Blood Bath At Dalal Street: Markets End In Red; Sun Pharma And Maruti Lead Pack Of Losers

Blood Bath At Dalal Street: Markets End In Red; Sun Pharma And Maruti Lead Pack Of Losers

FPO Time: Vodafone Idea Announces ₹18,000 Crore Offer; Opens On April 18

FPO Time: Vodafone Idea Announces ₹18,000 Crore Offer; Opens On April 18