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Source: NewsX
Axis Bank has allotted 382,508 equity shares of Rs. 2/- each on May 12, 2026, pursuant to the exercise of stock options and units under its Employee Stock Option Plan (ESOP) and Restricted Stock Unit (RSU) Scheme. The bank formally notified both the National Stock Exchange of India Limited and BSE Limited of this development through an official regulatory filing.
Share Capital Impact
The allotment has resulted in an increase in the bank's paid-up share capital. The following table summarises the change in share capital following the allotment:
Parameter: Before Allotment After Allotment Paid-Up Share Capital: Rs. 6,217,929,144 Rs. 6,218,694,160 Number of Equity Shares: 3,108,964,572 3,109,347,080 Face Value per Share: Rs. 2/- Rs. 2/-
Allotment Details
Key details of the allotment are outlined below:
Shares Allotted: 382,508 equity shares
Face Value: Rs. 2/- per share
Date of Allotment: May 12, 2026
Scheme: ESOP/RSU Scheme
Allotment Basis: Exercise of stock options/units by eligible employees
The filing was signed by Sandeep Poddar, Company Secretary of Axis Bank, and submitted to the Listing & Compliance Department of the National Stock Exchange of India Limited and the Listing Department of BSE Limited on May 12, 2026.
Axis Bank witnessed a notable block trade on the National Stock Exchange (NSE), with the transaction valued at Rs. 25.53 crores. The deal involved approximately 203,184 shares executed at a price of Rs. 1256.50 per share.
Block Trade Details
The following table summarizes the key parameters of the block trade recorded on the NSE:
Parameter: Details Exchange: NSE Trade Value: Rs. 25.53 crores Number of Shares: ~203,184 Trade Price: Rs. 1256.50 per share
Block trades are large, privately negotiated securities transactions that are executed outside of the open market to minimize the impact on the stock's prevailing price. Such trades are typically carried out by institutional investors and represent a significant volume of shares transacted in a single deal.
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Source: scanx.trade
Source: Free Press Journal
Source: Free Press Journal