Yes Bank announced that the bank has allotted 4,88,825 equity shares of face value of Rs 10 each under the Joining Stock Option Plan-I (JSOP-I), Joining Employee Stock Option Plan-II (JESOP-II), YBL ESOP and YBL JESOP V/PESOP-II.
The paid up share capital of the Bank has accordingly been increased from 41,47,10,373 equity shares of Rs 10 each to 41,51,99,198 equity shares of Rs 10 each.
Shares of the bank gained Rs 5.55, or 1.09%, to trade at Rs 515.50. The total volume of shares traded was 138,250 at the BSE (11.02 a.m., Monday).