Axis Bank, private sector bank in India, announced that the bank has allotted 1,12,165 equity shares of Rs 2 each, pursuant to exercise of options under its ESOP Scheme.

The paid up share capital of the bank will accordingly increase from Rs 471,95,51,706 (235,97,75,853 equity shares of Rs 2 each) to Rs 471,97,76,036 (235,98,88,018 equity shares of Rs 2 each).

Shares of the bank gained Rs 4.45, or 1.15%, to trade at Rs 390.90. The total volume of shares traded was 874,337 at the BSE (11.26 a.m., Tuesday).