Ujjivan Small Finance Bank Allots 4.96 Lakh Shares Under ESOP 2019, Expands Paid-Up Capital
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Ujjivan Small Finance Bank has allotted 496,366 shares under its Employee Stock Option Plan 2019, increasing its paid-up capital from Rs 19.38 billion to Rs 19.39 billion. The bank has received in-principle listing approvals from NSE and BSE and is awaiting final approval. This move aims to align employee interests with long-term shareholder value. Ujjivan focuses on providing banking services to underserved segments in India.
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