Kotak Mahindra Bank Allots 4.67 Lakh Equity Shares Under ESOP Schemes
Kotak Mahindra Bank Limited has allotted 4,67,180 equity shares of face value Re. 1 each on 11 November 2026.
The allotment was made by the Large Expenditure and Share Transfer and Other Matters Committee upon exercise of equivalent number of Employee Stock Options under the Kotak Mahindra Equity Option Scheme 2015 and the Kotak Mahindra Equity Option Scheme 2023.
Allotment Details
|
ESOP Scheme Series / Tranche |
Number of Equity Shares Allotted |
|---|---|
|
ESOP Scheme Series 2015/34 (4th Tranche) |
1,72,775 |
|
ESOP Scheme Series 2015/39 (4th Tranche) |
5,525 |
|
ESOP Scheme Series 2015/40 (3rd Tranche) |
1,53,395 |
|
ESOP Scheme Series 2023/03 (2nd Tranche) |
1,14,805 |
|
ESOP Scheme Series 2023/05 (1st Tranche) |
16,500 |
|
ESOP Scheme Series 2023/07 (1st Tranche) |
4,180 |
|
Total |
4,67,180 |
Impact on Share Capital
Consequent to the allotment, the paid-up share capital of the Bank has increased from 9,94,78,81,278 equity shares of Re. 1 each to 9,94,83,48,458 equity shares of Re. 1 each.
The Bank has informed the stock exchanges under the applicable SEBI regulations.