ALPHA TRIBE

Equitas Small Finance Bank LimitedQIP/Rights/Pref., 04-06-2025: Allotment of Securities

04-06-2025 | 03:28 pm

Equitas Small Finance Bank has allotted 73,704 equity shares of Rs.10 each to employees under its ESOP scheme. This modest equity issuance slightly increases the paid-up capital, reflecting employee-driven funding. The shares are fully paid-up and rank equally with existing shares. This exercise boosts employee incentives without diluting promoter stake, indicating management’s focus on aligning employee interests with shareholders.

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