CSB Bank Grants 61,565 Stock Options at ₹370 Exercise Price

CSB Bank Limited announced that its Nomination & Remuneration Committee has approved the grant of 61,565 stock options to an eligible employee under the CSB Employee Stock Option Scheme 2019. The options are exercisable into equity shares with a face value of Rs. 10 each, at an exercise price of Rs. 370 per share. The grant was approved on July 22, 2026. The options will vest in tranches over 48 months, with 25% vesting on completion of 12, 24, and 36 months, and the remaining balance vesting at 48 months. The exercise period is within three years from the vesting date for continuing employees.