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Yes Bank Increases Paid-Up Capital Through Employee Stock Option Allotment

Story Highlights
  • Yes Bank allotted 459,317 equity shares after employees exercised stock options and RSUs.
  • The allotment slightly increased Yes Bank’s paid-up capital and total equity share count.
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Yes Bank Increases Paid-Up Capital Through Employee Stock Option Allotment

Meet Samuel – Your Personal Investing Prophet

Yes Bank Limited ( (IN:YESBANK) ) has shared an update.

Yes Bank has allotted 459,317 equity shares of Rs. 2 each following the exercise of employee stock options under its ESOS 2020 scheme and RSU Plan 2024, raising Rs. 61.55 lakh in proceeds. As a result of this allotment, the bank’s paid-up share capital has marginally increased, with the total number of equity shares rising from 31,379,757,057 to 31,380,216,374, reflecting incremental equity dilution tied to employee compensation.

More about Yes Bank Limited

Yes Bank Limited is an Indian private sector bank that provides a range of banking and financial services, including retail and corporate lending, deposits, and transaction banking. The bank focuses on serving individuals, small and medium enterprises, and larger corporates across India’s financial markets.

Average Trading Volume: 8,461,639

Technical Sentiment Signal: Sell

Current Market Cap: 597.5B INR

For a thorough assessment of YESBANK stock, go to TipRanks’ Stock Analysis page.

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