Total options granted: 714,080 Employee Stock Options
Each option entitles the grantee to one Equity Share of face value Re. 1
Grant made under Kotak Mahindra Equity Option Scheme, 2023 (ESOP Scheme 2023) - Series 13
Dates of Action
Grant Date: September 07, 2026
Vesting Schedule:
25% vested on September 10, 2027
25% vested on May 18, 2028
25% vested on May 18, 2029
25% vested on May 18, 2030
Vesting period: Twelve months from each vesting date
Disclosure date: September 08, 2026
Parties Involved
Grantor: Kotak Mahindra Bank Limited
Approving authority: Nomination and Remuneration Committee of the Bank
Recipients: Eligible employee(s) of the Bank
Company Secretary: Avan Kayomars Doomasia (signatory)
Additional Information
The disclosure has been made available on the Bank's website at https://www.kotak.bank.in/en/investor-relations/governance/sebi-listing-disclosures.html
