CSB Bank informs about grant of stock options

14 Dec 2023 Evaluate
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Regulations), CSB Bank has informed that the Nomination & Remuneration Committee of the Board of Directors of the Bank in its meeting held on December 14, 2023, has approved grant of 21,536 stock options to an eligible employee of the Bank under CSB Employee Stock Option Scheme 2019, exercisable into not more than 21,536 equity shares of face value of Rs 10 each fully paid-up of the Bank, at an exercise price of Rs 398.70 (Rupees Three hundred and ninety eight and Paise Seventy Only) per equity share. The disclosures required as per the SEBI Regulations, read with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, are enclosed.

The above information is a part of company’s filings submitted to BSE.

CSB Bank Share Price

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