Bandhan Bank has informed that the Board of Directors of the company has approved the allotment of 105,423 number of Equity Shares of face value of Rs 10 each to eligible employees of the Bank pursuant to exercise of the Options under Bandhan Bank Employee Stock Option Plan Series 1 - Tranche 1. The equity shares so allotted shall rank pari passu with the existing equity shares of the Bank in all respects including dividend. Post such allotment the issued and paid up equity share capital of the Bank shall stand increased to Rs. 1192,91,03,670 comprising of 119,29,10,367 equity shares of Rs 10 each from Rs 1192,80,49,440 comprising of 119,28,04,944 equity shares of Rs 10 each.
The above information is a part of company’s filings submitted to BSE.
