Board approves allotment of 14,442 equity shares under KVB ESOS 2018 scheme
Board of Directors approved allotment of 14,442 equity shares.
By ScoutQuest · · 1 min read
- Equity shares allotted
- 14,442 equity shares
- Face value
- ₹ 2 each
- Scheme
- KVB ESOS 2018 Scheme
Board meeting outcome: ESOS allotment
The Board of Directors, at its meeting held on 15th October 2026, considered and approved allotment of 14,442 equity shares of face value ₹ 2 each to Senior Management Personnel of the Bank.
What the shares relate to
- The allotment is under the KVB ESOS 2018 Scheme, the bank's employee stock option scheme.
- The update states the shares are allotted as part of the non-cash component of variable pay for the performance period FY 2022-23, in terms of the compensation structure.
- The Board meeting commenced at 12.30 P.M. and concluded at 4.45 P.M.
How to read this
- This is an employee compensation event: shares are being allotted against an existing stock option scheme, rather than a fresh public issue.
- The number of shares involved is 14,442, with a face value of ₹ 2 per share. An allotment of this kind adds to the total number of shares outstanding, so existing shareholders' holding gets spread over a slightly larger share base.
- The disclosure confirms the allotment was approved by the Board; it does not cover any other business decisions taken at the meeting.
What a retail investor may note
- The trigger here is a remuneration-related allotment under an employee scheme.
- The update gives the exact quantity allotted and the face value per share, which is what allows the size of the allotment to be judged.
Also from Karur Vysya Bank
MCLR revised downward across all tenors, effective 22nd October 2026
21 Oct 2026
Asset quality improved with 20% credit growth
19 Oct 2026
Karur Vysya Bank shares rose over 4.5% intraday amid broad earnings-led market moves
19 Oct 2026
More numbers
- Equity shares allotted under KVB ESOS 2018 Scheme14,442 Equity Shares
- Face value per equity share allotted₹ 2 each
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.