🟢 At a Glance
Axis Bank just allotted over 13 crore equity shares under its ESOP and employee stock schemes — a massive issue valued at ₹4,502.66 crore.
This isn’t a regular quarterly result update. This is the kind of equity infusion that deserves a protein shake, not just a press release.
💼 What’s the Deal?
- 📅 Board Approval Date: June 3, 2025
- 🧾 Shares Allotted: 13,01,10,903 equity shares
- 💸 Face Value: ₹2 per share
- 💼 Allotment Type: Exercise of stock options under:
- ESOP Scheme 2000
- ESOP Scheme 2010
- Stock Option Scheme 2015
- Employees Stock Unit Scheme 2018
🧠 EduInvesting Take
“Axis Bank just printed ₹4,500 crore worth of equity
