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An update from Axis Bank Limited ( (IN:AXISBANK) ) is now available.
Axis Bank Limited has allotted 138,572 equity shares of Rs. 2 each following the exercise of employee stock options and restricted stock units under its ESOP/RSU scheme. This allotment marginally increases the bank’s paid-up share capital from Rs. 6,210,162,862 to Rs. 6,210,440,006, reflecting ongoing implementation of its employee incentive plans and resulting in a slight dilution for existing shareholders while reinforcing equity-based compensation for staff.
More about Axis Bank Limited
Axis Bank Limited is a leading Indian private sector bank providing a broad range of banking and financial services, including retail banking, corporate banking, and treasury operations. Listed on both the National Stock Exchange of India and BSE Limited, the bank serves individuals, SMEs, and large corporates across India, maintaining a significant presence in the country’s financial services industry.
Average Trading Volume: 251,126
Technical Sentiment Signal: Buy
Current Market Cap: 3992.6B INR
For a thorough assessment of AXISBANK stock, go to TipRanks’ Stock Analysis page.