Kotak Mahindra Bank Grants 347,410 Employee Stock Options
ESOP / RSU / Share Allotment
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
17th Aug 2026
Key Quantitative Figures
- Total Options Granted: 3,47,410
- Scheme: Kotak Mahindra Equity Option Scheme, 2023 (ESOP Scheme 2023 - Series 12)
- Face Value per Equity Share: Re. 1/-
- Each option entitles the grantee to one equity share
Dates of Action
- Grant Date: August 17, 2026
- Vesting Schedule:
- 25% of options vest on August 31, 2027
- 25% of options vest on June 30, 2028
- 25% of options vest on June 30, 2029
- 25% of options vest on June 30, 2030
- Exercise Period: One year from each respective vesting date
Parties Involved
- Granting Authority: Nomination and Remuneration Committee of the Bank
- Recipients: Eligible employees of the bank
Stock Exchange Information
- BSE Scrip Codes: 500247, 974396, 974682, 974924, 975387
- NSE Symbols: KOTAKBANK, KMB29, KMB30