Bandhan Bank has informed that the Nomination and Remuneration Committee of the Board (‘NRC’) of the Bank on May 18, 2021, has approved the allotment of 7,318 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 equity shares so allotted under the ESOP Series 1 shall rank 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 1610,60,72,370 comprising of 161,06,07,237 equity shares of Rs 10 each fully paid-up to Rs 1610,61,45,550 comprising of 161,06,14,555 equity shares of Rs 10 each fully paid-up. The above is being uploaded on the website of the Bank at www.bandhanbank.com.
The above information is a part of company’s filings submitted to BSE.
