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Monday, August 13, 2007

AXIS Bank allots shares under ESOP

AXIS Bank, erstwhile UTI Bank, said Monday that it allotted 481,691 equity shares of Rs 10 each to the employees of the bank, under ESOP.
The above decision was taken by the committee of directors of the bank at its meeting held on Aug. 13, 2007.
The paid up share capital of the bank will accordingly get increased to 356,223,999 equity shares from 355,742,308 equity shares.

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