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ESAF Small Finance Bank Allots Shares Under Employee Stock Option Scheme

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ESAF Small Finance Bank Allots Shares Under Employee Stock Option Scheme

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ESAF Small Finance Bank Limited ( (IN:ESAFSFB) ) just unveiled an announcement.

ESAF Small Finance Bank Limited has announced the allotment of 10,554 equity shares under its ESAF Employee Stock Option Scheme 2019. This move, approved by the Nomination, Remuneration, and Compensation Committee, reflects the bank’s ongoing efforts to incentivize and retain its employees. The shares, issued at a face value of Rs. 10 each, will be listed on both BSE and NSE, and are expected to align with existing shares, enhancing employee engagement and potentially impacting the bank’s market positioning positively.

More about ESAF Small Finance Bank Limited

ESAF Small Finance Bank Limited operates in the financial services industry, primarily focusing on providing banking services and financial products. The company is known for its commitment to financial inclusion and offers a range of services including savings accounts, loans, and investment options, catering to underserved and unbanked segments of the population.

Average Trading Volume: 35,383

Technical Sentiment Signal: Sell

Current Market Cap: 14.36B INR

See more data about ESAFSFB stock on TipRanks’ Stock Analysis page.

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