Suryoday Small Finance Bank has informed that 36,000 Equity Shares of face value of Rs 10 each have been allotted today, March 14, 2024, pursuant to the exercise of Options by the employee(s) of the Bank under ESOP Scheme 2016 and ESOP Scheme 2019. Of 36,000 Equity Shares, 21000 Equity Shares have been allotted under the ESOP Scheme 2016 at the Exercise Price of Rs 127 per Equity Share and 15000 Equity Shares have been allotted under ESOP Scheme 2019 at the Exercise Price of Rs 114.25 per Equity Share. The Equity Shares allotted are fully paid-up and shall rank with the existing Equity Shares of the Bank in all respects. The Bank will be submitting the application for listing of the aforesaid 36,000 Equity Shares to National Stock Exchange of India and BSE, in due course. Further, it has informed that post allotment of above mentioned Equity shares, the paid-up Equity Share capital of the Bank has increased from Rs 1,06,16,46,980 comprising of 10,61,64,698 Equity Shares of Rs 10 each fully paid-up to Rs 1,06,20,06,980 comprising of 10,62,00,698 Equity Shares of Rs 10 each fully paid-up. In terms of Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (‘SEBI SBEB Regulations’), the details of shares allotted as above is given in the Annexure to this intimation. The meeting of NRC commenced at 11:30 am and concluded for approval of the above-mentioned Agenda Item at 2:05 pm. This intimation shall be available on the Bank’s website at: https://www.suryodaybank.com/Equity-Compliances-23-24.
The above information is a part of company’s filings submitted to BSE.