YES Bank Allots Equity Shares Following Exercise of Stock Options; Paid-Up Capital Increases
YES Bank Limited has announced the allotment of equity shares following the exercise of stock options under the YBL ESOS 2020 Scheme and the YBL RSU Plan 2024. The allotment resulted in a realization of funds, consequently increasing the Bank’s paid-up share capital.The Nomination & Remuneration Committee of the Bank approved the allocation of 2,16,912 equity shares. These shares were issued at a face value of Rs. 2/- each and were allotted to shareholders who exercised stock options under the aforementioned plans.
The transaction enabled the bank to realize Rs. 29,93,174.50 from the exercise of these stock options.
This allotment led to an increase in the Bank’s shareholding structure. The paid-up share capital moved from its previous status to a new level after accounting for the newly issued shares.
Financial details regarding the pre and post allotment state are presented below:
| Detail | Pre Allotment Status | Post Allotment Status |
|---|---|---|
| Equity Shares | 31,385,887,247 | 31,386,104,159 |
| Paid-Up Share Capital | Rs. 62,771,774,494 | Rs. 62,772,208,318 |
The successful completion of the allotment reflects the bank’s equity structure adjustments derived from its stock option plans.
YESBANK Stock Price Movement
Shares of Yes Bank Limited are edging higher to ₹22.93 as of 10:57 AM today, climbing by 0.7% in live trading. The stock has traded actively during the session, with its equity ranging between a low of ₹22.72 and an intraday high of ₹23.06.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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