ESOP allotment: 885 shares to a Material Risk Taker, 25,000 shares under ESOP 2023

Securities Committee allots 885 equity shares to a Material Risk Taker (Rs.

Tue 6 Oct 2026

Material Risk Taker ESOP Allotment

885 equity shares, aggregating Rs. 8,850

ESOP 2023 Allotment

25,000 equity shares at Rs. 171 per share, aggregating Rs. 42,75,000

Paid-up Equity Share Capital

Rs. 45,49,10,700 across 45491070 equity shares of Rs. 10 each

What the bank reported

The Securities Committee of the bank met on October 06, 2026 and approved the allotment of equity shares under two employee stock option plans. An ESOP is a plan under which employees are given the right to buy the company's shares at a pre-decided price, and shares are issued to them when they use that right.

Allotment 1, Material Risk Taker plan

• 885 equity shares of face value Rs. 10 each
• Total amount: Rs. 8,850
• Allottee: Mr. Santosh Kumar Dhawan, Chief Advisor (Credit and Recovery), being a Material Risk Taker for FY 2024 – 25
• Plan: CSFB ESOP Plan for Material Risk Takers

Allotment 2, ESOP 2023

• 25,000 equity shares of face value Rs. 10 each
• Issued at a premium of Rs. 161 per share, that is at Rs. 171 per share
• Total amount: Rs. 42,75,000
• Allottees: employees of the bank

What the share capital looks like now

Consequent to these allotments, the paid-up equity share capital of the bank has increased to Rs. 45,49,10,700, consisting of 45491070 equity shares of Rs. 10 each. The two tranches together amount to 25,885 shares.

How a retail investor can read this

• These shares are issued to employees, not to the public, and the money comes from the employees who exercise their options.
• The total number of shares in issue goes up, which in principle reduces an existing shareholder's percentage holding, though the addition here is small next to the bank's total shares outstanding.
• Allotments under employee stock option plans are routine events for listed companies and are intimated to the exchanges when they happen, so the same information reaches all investors.

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