As part of its Employee Stock Option Plan (ESOP)/Restricted Stock Unit (RSU) Scheme, Axis Bank has allotted 1,38,572 equity shares on January 6, 2026. Each equity share has been priced at ₹2, issued pursuant to the exercise of stock options and units under the bank’s employee incentive schemes.
With this scheme in place, at the proposed rate, the paid-up share capital of Axis Bank has increased to ₹6,21,01,62,862 (3,10,50,81,431 equity shares of Rs. 2/- each). Previously, this was at ₹6,21,04,40,006 owing to 3,10,50,81,431 equity shares of ₹2 each.
Axis Bank has 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.
With this move, Axis Bank has showcased its commitment towards employee retention and incentivization. ESOPs allow employees to become more invested in the success of their companies, as the company’s success will help them benefit directly in a monetary manner. Other companies that have proposed similar schemes include Paytm, Reliance Infrastructure, Reliance Power, and Eternal.
