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An update from AU Small Finance Bank Limited ( (IN:AUBANK) ) is now available.
AU Small Finance Bank Limited has announced the allotment of 160,556 equity shares following the exercise of Employee Stock Options (ESOPs) from various schemes dating from 2016 to 2023. This move will increase the bank’s paid-up equity share capital from Rs. 7,46,11,12,220 to Rs. 7,46,27,17,780, indicating a strategic step to incentivize employees and potentially enhance the bank’s operational capacity and market positioning.
More about AU Small Finance Bank Limited
AU Small Finance Bank Limited operates in the financial services industry, primarily focusing on providing small finance solutions. The bank offers a range of products including loans, savings accounts, and other financial services, catering mainly to underserved and unbanked segments in India.
Average Trading Volume: 229,656
Technical Sentiment Signal: Buy
Current Market Cap: 567.8B INR
For a thorough assessment of AUBANK stock, go to TipRanks’ Stock Analysis page.