Bandhan Bank has informed that the Nomination and Remuneration Committee of the Board of the Bank on October 11, 2023, approved the allotment of 5,705 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 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 16,10,89,87,680 comprising of 1,61,08,98,768 equity shares of Rs 10 each fully paid-up to Rs 16,10,90,44,730/- comprising of 1,61,09,04,473 equity shares of Rs 10 each fully paid up. This intimation is being simultaneously uploaded on the website of the Bank at www.bandhanbank.com.
The above information is a part of company’s filings submitted to BSE.
