Ujjivan SFB allots 19.37 lakh shares under ESOP 2019, paid-up capital rises

Ujjivan Small Finance Bank has allotted 19.36 lakh equity shares under its ESOP 2019 scheme following employee option exercises. The move has increased the bank’s paid-up capital, with listing approvals in process on NSE and BSE.

The Stakeholders Relationship Committee approved the allotment on February 5, 2026, following the exercise of employee stock options. A total of 19,36,509 fully paid-up equity shares with a face value of ₹10 each were issued under the ESOP 2019 plan.

Parameter Details

Shares Allotted 19,36,509

Face Value ₹10 per share

Share Type Fully paid-up equity

Scheme ESOP 2019

Approval Date February 5, 2026

Impact on Capital Structure

The allotment has led to an increase in the bank’s paid-up capital:

Capital Component Before After

Paid-up Capital ₹19,38,95,94,830 ₹19,40,89,59,920

This reflects the dilution impact arising from ESOP exercises and the continued use of equity-based incentives.

Listing and Compliance

The bank has received in-principle approvals from both NSE and BSE to list the newly issued shares and is proceeding with final listing formalities.

The disclosure was made under SEBI LODR Regulations, 2015, ensuring transparency with investors and stakeholders.

Strategic Significance

The ESOP allotment highlights Ujjivan SFB’s focus on employee participation in ownership and long-term value creation, while also strengthening its capital base.