Kotak Mahindra Bank Limited has allotted a total of 200,183 equity shares of Re. 1/- each upon the exercise of Employee Stock Options. The allotment was approved by the Large Expenditure and Share Transfer and Other Matters Committee of the Bank on June 22, 2026.
The allotment was made under two separate ESOP schemes with the following breakdown:
- Kotak Mahindra Equity Option Scheme 2015/34 (4th Tranche): 41,910 equity shares
- Kotak Mahindra Equity Option Scheme 2023/03 (2nd Tranche): 158,273 equity shares
Total Allotment: 200,183 equity shares
The shares rank pari-passu with the existing equity shares of the company. The filing serves as formal intimation to BSE Limited and the National Stock Exchange of India Limited for dissemination on their websites.
Compliance:
The allotment complies with the applicable SEBI regulations governing employee stock option schemes. The company's Corporate Identification Number (CIN) is L65110MH1985PLC038137.
Additional Announcements:
The filing contains no additional corporate announcements beyond the ESOP allotment details.