RBL Bank has announced the allotment of 3,54,973 equity shares to its eligible employees. This development comes following the exercise of vested stock options under the bank’s Employee Stock Option Scheme (ESOP). The shares, each with a face value of ₹10, were allotted on 11 May 2026.
As a result of this allotment, RBL Bank‘s paid-up share capital has increased. The share capital has risen from 61,83,45,307 equity shares amounting to ₹618,34,53,070 to 61,87,00,280 equity shares, now aggregating to ₹618,70,02,800.
This move is part of RBL Bank’s ongoing efforts to incentivise and reward its employees through stock options, aligning their interests with the bank’s performance and growth.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).