Bandhan Bank Limited allots 28633 shares

The Nomination and Remuneration Committee of the Board ("NRC") of Bandhan Bank Limited on March 15, 2019, has approved the allotment of 28,633 Equity Shares of face value of Rs. 10/- each fully paid-up to eligible employees of the Bank upon exercise of the Options vested with them under the ESOP Series 1. The equity shares so allotted under the ESOP Series 1 shall rank pari passu with the existing equity shares of the Bank in all respects including dividend.

Post allotment, the issued and paid up capital of the Bank stands increased to Rs.1193,08,28,550/- comprising of 119,30,82,855 equity shares of Rs. 10/- each fully paid-up from Rs. 1193,05,42,220/- comprising of 119,30,54,222 equity shares ofRs. 10/ - each fully paid-up.

Shares of Bandhan Bank Ltd was last trading in BSE at Rs.517.65 as compared to the previous close of Rs. 521.05. The total number of shares traded during the day was 57648 in over 1236 trades.

The stock hit an intraday high of Rs. 525 and intraday low of 514.1. The net turnover during the day was Rs. 29932290.

Source : Equity Bulls

Keywords