Kotak Mahindra Bank announces allotment of 51,745 equity shares

Kotak Mahindra Bank announces allotment of 51,745 equity shares

The issue is pursuant to the exercise of equivalent number of Employee Stock Options pursuant to the Kotak Mahindra Equity Option Scheme 2015.

FPJ Web DeskUpdated: Wednesday, March 29, 2023, 12:35 PM IST
article-image
Kotak Mahindra Bank announces allotment of equity shares | Image: Kotak Mahindra Bank (Representative)

Kotak Mahindra Bank Limited announced that the ESOP Allotment Committee of the Bank has, at its meeting held today, allotted 51,745 equity shares of Rs 5 each, via an exchange filing.

The issue is pursuant to the exercise of equivalent number of Employee Stock Options pursuant to the Kotak Mahindra Equity Option Scheme 2015.

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Federal Bank Allots Equity Shares to Employees As Stock Option

Federal Bank Allots Equity Shares to Employees As Stock Option

Zerodha Founder Nikhil Kamath Becomes Youngest Indian To Pledge Most Of His Fortune For Charity

Zerodha Founder Nikhil Kamath Becomes Youngest Indian To Pledge Most Of His Fortune For Charity

GMR Group Announces Divestment Of 8,18,000 Sqft Warehouse Facility

GMR Group Announces Divestment Of 8,18,000 Sqft Warehouse Facility

ED Searches Home And Office Of Bengaluru-Based Man Named In Panama Papers

ED Searches Home And Office Of Bengaluru-Based Man Named In Panama Papers

Odisha Train Tragedy: Paytm To Match Every Online Contribution Rupee to Rupee

Odisha Train Tragedy: Paytm To Match Every Online Contribution Rupee to Rupee