HDFC Bank Allots 20.66 Lakh Equity Shares Under ESOP and RSU Scheme

HDFC Bank has allotted 20,66,610 equity shares to its employees under the bank’s Employee Stock Option Scheme (ESOP) and Restricted Stock Units (RSU).

The shares were allotted following the exercise of stock options and RSUs by employees. Each equity share has a face value of Re. 1.

After this allotment, the paid-up share capital of HDFC Bank has increased. The total number of equity shares has risen from 15,38,25,10,606 shares to 15,38,45,77,216 shares.