News & Updates

Axis Bank has allotted 67,820 equity shares of ₹2 each under its Employee Stock Option Plan (ESOP) and Restricted Stock Unit (RSU) scheme on July 24, 2025. Following this allotment, the bank’s paid-up share capital increased from ₹6,203,045,594 (3,101,522,797 equity shares) to ₹6,203,181,234 (3,101,590,617 equity shares).

This move underscores Axis Bank’s commitment to employee ownership and retention, aligning staff interests with the bank’s long-term growth and performance.

ChatGPT said:

EPL Limited has allotted 1.5 lakh equity shares under its Employee Stock Option Plan (ESOP), increasing its paid-up capital from ₹63.96 crore to ₹63.99 crore.

The newly issued shares, each with a face value of ₹2, were approved by the company’s Board’s Security Committee. These shares rank pari passu with existing fully paid-up equity shares. This allotment reflects EPL’s commitment to employee retention and aligns with its growth strategy.

Shivalik Small Finance Bank (SSFB) has secured ₹100 crore in equity funding from a group of investors led by SMBC Asia Rising Fund, the corporate venture capital arm of Sumitomo Mitsui Banking Corporation (SMBC). Existing investors Accel, Quona Capital, Lightspeed, and Sorin Investments also participated in this funding round.

The bank plans to utilize these funds to strengthen its technology infrastructure, expand its workforce across critical functions such as product development, engineering, and operations, and enhance its Banking-as-a-Service (BaaS) offerings. This strategic move aims to support SSFB’s goal of building a digital-first retail bank focused on serving India’s underserved MSME and retail segments.

Metro Brands Ltd has allotted 5,113 equity shares under its Metro Stock Option Plan (ESOP 2008), as disclosed in a regulatory filing on June 18, 2025. These shares have a face value of ₹5 each, contributing to an increase in the company’s paid-up capital to ₹1,361.45 crore.

This allotment reflects Metro Brands’ ongoing commitment to its employee stock option plan, aiming to incentivize and retain talent within the company. The increase in paid-up capital signifies a strengthening of the company’s equity base, potentially enhancing its financial stability and growth prospects.

This allotment is part of Nykaa’s consistent pattern of using ESOPs to reward, incentivize, and retain its workforce. Earlier this year, Nykaa issued 90,500 shares worth ₹1.49 crore in February and 17,010 shares valued at ₹0.32 crore in April. Moreover, during Q4 FY24, the company had allotted around 4.8 lakh shares between October and November.

Flipkart has launched a $50 million ESOP buyback at $174.32 per option, benefiting around 7,000–7,500 employees. Payments will be made in August 2025, with a possible additional buyback in 2026 if performance targets are met.

Flipkart has launched a $50 million ESOP buyback at $174.32 per option, benefiting around 7,000–7,500 employees. Payments will be made in August 2025, with a possible additional buyback in 2026 if performance targets are met.

Darwinbox has completed its third ESOP buyback in four years, worth ₹86 crore, providing liquidity to over 350 employees.
This move reflects the company’s commitment to rewarding talent and sharing long-term value creation.