CSB Bank Board Approves Employee Stock Option Scheme 2026

CSB Bank Ltd's Board of Directors, in a meeting held on June 25, 2026, approved the CSB Bank Employee Stock Option Scheme 2026 (ESOS 2026). The scheme, recommended by the Nomination & Remuneration Committee, is subject to shareholder approval. Under ESOS 2026, up to 20,00,000 stock options can be granted to eligible employees. The exercise price will be determined by the NRC, not less than the face value. Vesting periods will range from a statutory minimum of one year to a staggered schedule over three years, with an exercise period of up to ten years from the grant date. The Nomination and Remuneration Committee will administer the scheme.