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Yes Bank Limited ( (IN:YESBANK) ) has shared an announcement.
Yes Bank has allotted 33,500 equity shares with a face value of ₹2 each following the exercise of employee stock options under its 2020 ESOS scheme and 2024 RSU plan. The allotment, approved by the bank’s Nomination and Remuneration Committee, resulted in proceeds of ₹1,30,900 and reflects ongoing use of equity-based compensation for staff.
Following this issuance, the bank’s paid-up share capital rose marginally from ₹6,275.88 crore to ₹6,275.89 crore, with the total number of equity shares increasing to 3,137,945,2677. The move slightly dilutes existing shareholdings but underscores the bank’s continued reliance on stock-linked incentives as part of its remuneration structure for employees and management.
More about Yes Bank Limited
Yes Bank Limited is an Indian private sector bank offering a range of retail, corporate and investment banking services. The lender focuses on serving individuals, small and medium enterprises and larger corporates across India, and its shares are listed on both BSE and the National Stock Exchange of India.
Average Trading Volume: 9,104,385
Technical Sentiment Signal: Sell
Current Market Cap: 661.8B INR
For a thorough assessment of YESBANK stock, go to TipRanks’ Stock Analysis page.