Private Sector Banks Announce ESOP Allotments and Compliance Updates

Mumbai | 13 December 2025: As part of the regulatory disclosure requirements of certain large private banks, Friday was the date of numerous important regulatory updates about share allotments (ESOPs) and compliance measures related to insider trading.

Kotak Mahindra Bank announced its allotment of 3,45,606 equity shares at the nominal value of ₹5, in compliance with their ESOP program (Kotak Mahindra Equity Option Scheme 2015 and Kotak Mahindra Equity Option Scheme 2023). The allotment was approved by Kotak Mahindra’s Large Expenditure & Share Transfer and Other Matters Committee and was made under various ESOP tranches.

IndusInd Bank stated that it would close its trading window for the trading of its shares/s for the period of 26th December 2025 until two (2) days after the announcement of its unaudited financial results for the quarter and nine months ending 31st December 2025, as per the requirements of SEBI’s Prohibition of Insider Trading Regulations. An announcement regarding the date of the Board Meeting will be made.

Also, The Federal Bank announced its allotment of 99,588 equity shares due to the exercise of employee stock options received on 13th December 2025. The allotment includes 1,500 shares allotted under ESOS 2010 and 98,088 shares allotted under ESOS 2017. All allotments made pursuant to the Federal Bank ESOPs had been approved by the Nomination, Remuneration, Ethics and Compensation Committee.

All three banks have provided details on this matter in compliance with the relevant SEBI regulations.