Bandhan Bank ESOP Allotment: 10,415 Equity Shares Issued to Employees
Bandhan Bank allotted 10,415 equity shares under ESOP Series 1, raising its paid-up share capital after employees exercised vested options.
Bandhan Bank ESOP allotment was approved on August 7, 2026, with the private-sector lender issuing 10,415 equity shares to eligible employees, according to a filing submitted to BSE. The allotment followed the exercise of vested options under the Bandhan Bank Employee Stock Option Plan Series 1.
The bank said its Nomination and Remuneration Committee approved the allotment of equity shares with a face value of Rs 10 each. All the newly issued shares are fully paid-up.
New shares carry equal rights
The equity shares allotted under ESOP Series 1 will rank pari passu with Bandhan Bank's existing equity shares in all respects, including eligibility for dividend. This means the new shares will carry the same rights as the bank's currently outstanding equity shares. The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements framework.
Following the Bandhan Bank ESOP allotment, the lender's issued and paid-up equity share capital increased to Rs 16,11,11,15,800, comprising 1,61,11,11,580 equity shares of Rs 10 each.
Before the allotment, the issued and paid-up equity share capital stood at Rs 16,11,10,11,650, divided into 1,61,11,01,165 equity shares of the same face value. The change reflects the addition of 10,415 shares issued upon the exercise of employee stock options.
| Particulars | Before allotment | After allotment |
|---|---|---|
| Paid-up equity share capital | Rs 16,11,10,11,650 | Rs 16,11,11,15,800 |
| Number of equity shares | 1,61,11,01,165 | 1,61,11,11,580 |
Bandhan Bank disclosed the development to both BSE and the National Stock Exchange of India. Its shares are listed under BSE scrip code 541153 and the NSE symbol BANDHANBNK.
The allotment represents the conversion of vested employee stock options into equity shares under ESOP Series 1. Such an allotment expands the outstanding share count by the precise number of options exercised and approved by the committee.
Bandhan Bank said the exchange intimation was also being uploaded to its official website. The filing was signed by Managing Director and CEO Partha Pratim Sengupta.
For stock-market participants, the disclosed figures provide the updated issued and paid-up equity base following the ESOP exercise. The filing did not disclose the identities of the eligible employees or provide further terms relating to their exercised options.