The meeting commenced at 04:00 p.m. and concluded at 04:15 p.m.

The Committee considered and approved the following ESOP allotments:

1. Allotment under CSFB Limited — Employees Stock Option Plan for Material Risk Takers

  • Allotted 885 Equity Shares of face value ₹10 each
  • Total value: ₹8,850 (Rupees Eight Thousand Eight Hundred Fifty Only)
  • Allottee: Mr. Santosh Kumar Dhawan, Chief Advisor (Credit and Recovery)
  • Designation: Material Risk Taker for FY 2024–25
  • Scheme: CSFB ESOP Plan for Material Risk Takers ("MRT Plan")

2. Allotment under CSFB Limited — Employees Stock Option Plan 2023

  • Allotted 25,000 Equity Shares of face value ₹10 each
  • Issue price: ₹171 per share (₹10 face value + ₹161 premium)
  • Total value: ₹42,75,000 (Rupees Forty Two Lakhs Seventy Five Thousand Only)
  • Allottees: Employees under CSFB Limited - Employee Stock Option Plan 2023

Capital Structure Impact

Consequent to these allotments, the paid-up Equity Share Capital of the Bank has increased to ₹45,49,10,700 consisting of 45,491,070 Equity Shares of ₹10 each.