AGM/EGM14 Aug 2026, 08:25 pm
CSB Bank Ltd: Corrigendum to AGM Notice on ESOP Scheme 2026
AI Summary
CSB Bank Limited has issued a corrigendum to the notice of its 105th Annual General Meeting (AGM) scheduled for August 21, 2026. The corrigendum clarifies the 'CSB Bank Employee Stock Option Scheme 2026' (ESOS 2026). Specifically, it revises the clause related to the exercise price determination. The original clause stated the exercise price would not be less than the face value of the share, while the revised clause specifies it will be equal to the market price on the date of grant. This change aims to provide more clarity and predictability to stakeholders regarding the ESOP pricing.
Key Highlights
- CSB Bank issues corrigendum to 105th AGM notice dated July 22, 2026.
- Corrigendum revises the exercise price clause for ESOS 2026.
- New clause sets exercise price equal to market price on grant date.
- Change aims for greater clarity and predictability for stakeholders.
- AGM to be held on August 21, 2026, with revised ESOP terms.
Price Impact
More from CSBBANK