AXIS Bank Ltd has informed BSE that the Bank has allotted 5,31,850 equity shares of Rs. 2/- each on February 29, 2016, pursuant to exercise of options under its ESOP Scheme.

The paid up share capital of the Bank will accordingly increase from Rs. 476,14,42,342 (238,07,21,171 equity shares of Rs. 2/- each) to Rs. 476,25,06,042 (238,12,53,021 equity shares of Rs. 2/- each).